Author Archives: Grace Rohrwasser

The Secure Act and the 10-Year Rule

July 2022 – By Tom C. Rueger, J.D., CFP®

Before the Secure Act was passed in December 2019, most non-spouse beneficiaries of an inherited IRA could “stretch” the period to take distributions from the inherited IRA based on the beneficiaries life expectancy. This was desirable because the beneficiary could usually defer withdrawing the bulk of the funds thereby deferring the bulk of the tax liability as well.

Read more

 I’m getting ready to buy a home, now what?

June 2022 – Ryan Boyle, CRPC®

Whether you’re in the market for your first home, getting ready to move into your dream home, or just casually browsing the current housing market, being prepared for such a large transition is the best way to combat any fears you may encounter during your closing process.  To help prepare, we have a few tips to consider before purchasing a property.

Read more

Federal Reserve vs. Inflation – The Battle Continues

June 2022 – By Kyle Rohrwasser

Last month, Federal Reserve Chair Jerome Powell put any mention of a 75 basis point hike to bed, implying that they would not move too quickly.  However, after the June 10th inflation report came in higher than expected (8.6%), the idea of a 50-point hike seemed like nowhere near enough. In a sign that the Fed is serious about fighting inflation, and willing to pivot quickly as the economic data changes, the Federal Reserve hiked the Federal Funds rate 75-basis points (0.75%). In addition, they also updated their estimates projecting a year-end Federal Funds rate of 3.4%, substantially higher than initial projections of 1.9% made in March.

Read more