Limiting the “Stretch”: Restrictions on Inherited IRAs in the Offing?

Limiting the “Stretch”: Restrictions on Inherited IRAs in the Offing?

A policy change affecting inherited, or “stretch,” IRAs —  which currently allow distributions to be extended over the life of the beneficiary, potentially many years for young recipients — may be implemented in the near future as a revenue raiser to help pay for unrelated legislation.

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Don’t Ignore the Warnings

Don’t Ignore the Warnings

Recently my oil indicator light in my car blinked on, confronting me with a critical decision — take care of it immediately or risk serious damage. Ditto when brake or coolant warning lights flash on.  And then there are the less sinister indicators, such as airbag and seat belt lights. The dashboard is really a communication device that keeps you informed about the condition of your vehicle.

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Pursuing the American Dream

Pursuing the American Dream

For centuries, people from around the world have come to the US with little more than a dream of a better life — the American Dream.  On this July Fourth holiday, all of us can learn from the financial habits that helped immigrants realize the America promise of freedom and opportunity.

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Father Knew Best

Father Knew Best

With Father’s Day upon us, let me share some wisdom I learned from my father.

The main lessons Dad taught me about finance had nothing to do with money; they were all about planning.  Simple, sound paternal advice I got included:

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Are You Going Upmarket — or Growing Upmarket?

Are You Going Upmarket — or Growing Upmarket?

Financial Professionals Only: Contact your Invesco representative for more information.

What’s the number one question I’m asked as I travel around the country speaking with retirement-focused advisors, registered investment advisors (RIAs) and consultants?

How do I move upmarket? I want to be in the mid-size or large plan marketplace.

The answer starts with your existing book of business.

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DOL Fee Guide Proposal: Industry Concerns Continue

DOL Fee Guide Proposal: Industry Concerns Continue

In my May 8 blog, I touched on initial retirement industry reactions to the Department of Labor’s (DOL) final 408(b)(2) fee disclosure regulations, which would require covered service providers to furnish a “guide” to assist retirement plan fiduciaries in reviewing required disclosure documents. The industry’s response identified two major areas of concern:

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