Hugh F. WynnDec 16, 20217 minFour Financial Gifts for Your Kids That Keep on GivingNow that it's the gifting season consider giving your kids or grandkids - or a kid you just like - the gift of financial knowledge.
Hugh F. WynnDec 9, 20213 minRoth Conversions are Righteous - Under the Right Conditions If you have money tied up in traditional IRAs and/or 401(k)s, you might wonder if, when, and how you do Roth IRA conversions.
Hugh F. WynnOct 7, 20213 minAre Health Savings Accounts Too Good to be True?Is it possible to contribute more that you're likely to spend on healthcare costs to your Health Savings Account (HSA)?
Hugh F. WynnSep 16, 20214 minPushing Boundaries: Investing in 401(k)s and IRAs at the same timeTake your retirement savings to the next level by investing simultaneously in a 401(k) retirement plan and an IRA.
Hugh F. WynnJul 30, 20214 minIs There a Cure for Tightwad-itis? It's great to save your hard-earned dollars but when does saving becoming more of a sickness and less of a good habit?
Hugh F. WynnJul 8, 20213 minBeware: Your IRAs are in DangerAll of a sudden, Roth IRAs are in the spotlight.
Hugh F. WynnMay 20, 20213 minThe Case for Delaying Social Security in RetirementA key component of a retirement plan is delaying your Social Security if at all feasible.
Hugh F. WynnDec 31, 20204 minWELCOME 2021! Give the Gift of Education to a Deserving Kid This YearI mark the end of the year/beginning of the new year with my recommendations for educational gifting options, practicing patience during per
Hugh F. WynnDec 3, 20205 minReal World WynnSights: Please Don't Liquidate Your 401(k)I tackle questions about investing in a tough economy, liquidating a 401(k), retirement allocation strategy and alternatives to the 529.
Hugh F. WynnNov 5, 20203 minSecure Act 2.0 Proposes BIG Changes to Retirement PlansThere is much buzz around the proposed Securing a Strong Retirement Act of 2020, or as some are calling it - Secure Act 2.0.
Hugh F. WynnOct 29, 20204 minIndividual Retirement Accounts: Traditional, Roth and ConversionsIndividual retirement accounts (IRAs) are a blessing, but which way should you lean when it comes to choosing a tradition IRA or Roth IRA?
Hugh F. WynnAug 13, 20204 minWhat To Do When Your Rainy Day Fund Runs DryMillions of out-of-work Americans are currently struggling to pay their bills, whether it be day-to-day expenses or an emergency?
Hugh F. WynnJul 23, 20204 minHow to Optimize Retirement Spending During COVID-19The enduring COVID-19 pandemic has retirees (or those nearing retirement) taking a second look at their “buckets of funds” – sources of cash
Hugh F. WynnJul 9, 20203 minIRS UPDATE: You Can Refund Your RMD if You Want ToEverytime you blink our government is changing a rule or guideline in order to ease the financial burden on Americans during the pandemic.
Hugh F. WynnJul 2, 20202 minInvestors Have Been Brave During this PandemicThat pesky COVID-19 virus has caused many folks, young and old, to take a second look at their investment plans.
Hugh F. WynnJun 25, 20205 minWhen, Why and How to Rebalance Your PortfolioThe COVID-19 pandemic has reminded investors of the value of rebalancing portfolios.
Hugh F. WynnMay 7, 20204 minCARES Act Allows Emergency Withdrawals from Retirement AccountsProvisions of the recent CARES Act makes it easier for retirement plan participants to take early withdrawals and/or loans from those plans
Hugh F. WynnApr 30, 20203 minSave and Invest...Or I'll Wash Your Mouth Out With Soap!I don’t believe young people are disinterested in saving and investing.
Hugh F. WynnApr 2, 20204 minDid You Know? You Don't Have to Take RMDs in 2020Among the important provisions of the Coronavirus-related CARES Act are waivers for Retirees with withdrawals due in 2020
Hugh F. WynnFeb 13, 20202 minWho Pays Taxes On Fund Distributions?Who pays taxes on capital gains of stock sold during a given year by fund managers.
Hugh F. WynnJan 30, 20204 minIRA Withdrawal Exceptions: More Rules For The ToolsThe main concern folks – especially young folks – have with IRAs is their “forever” feature.