The IRS has announced inflation-adjusted figures for retirement account savings for 2019, and there are a lot of changes that will help savers grow these accounts. Most notable, is that for the for the first time since 2013, the contribution limit for individual retirement accounts (IRA’s) has increased, from the current $5,500 to $6,000. The … Continue reading “IRS Raises Retirement Plan Contribution Limits for IRAs, 401(k)s and More”
If you’re anything like us here at Kendall Capital, you were probably anxiously awaiting the midterm election results, and the impact the expected outcome of political gridlock would have on the markets. Historically, stocks typically do well when Congress is split, and the White House is under Republican control. In these instances, the S&P 500 … Continue reading “What Does Political Gridlock Mean for the Markets?”
What is open enrollment and how does it effect you? We are now in open enrollment on the government (39 states) or state health insurance exchanges (11 states and the District of Columbia)—so this is the time of year when consumers can buy health insurance coverage under the Affordable Care Act (ACA). If you’re not … Continue reading “Open Enrollment: Pay Attention and Take Action”
Clark shares his thoughts on the recent market pullback, what’s causing the volatility, and how the investment community should respond.
How can you cover your child’s future college costs? Saving early (and often) may be the key for most families. Here are some college savings vehicles to consider. 529 college savings plans. Offered by states and some educational institutions, these plans let you save up to $15,000 per year for your child’s college costs without … Continue reading “Options For Funding Your College Savings Goals”
Advice for the Middle Class Millionaire Clark shares his thoughts on target date funds.
A recent Wall Street Journal article found that one in eleven households in the greater Washington, D.C. area have more than $1 million in investable assets. Clark describes how Kendall Capital helps to serve those individuals investment and wealth management needs.
The Department of Labor is introducing a new rule regarding retirement plan accounts, which will be phased in during 2017 and fully implemented by 2018. Under the new rule, financial professionals who consult retirement savers will be held to a fiduciary standard. In other words, they will have an ethical and legal obligation to always … Continue reading “The Fiduciary Standard”
The current presidential cycle is one of the most unconventional election cycles ever experienced. For me, voting for the next U.S. President is like choosing a soccer coach for my teenage daughter. One option is “Coach Clinton” who will provide everyone equal playing time and will make sure that each team member’s mother brings a … Continue reading “Picking a President Is as Difficult as Picking a Soccer Coach”