There are clear differences between President Donald Trump and Former Vice President Joe Biden (and the political parties they represent) when it comes to tax policies, spending priorities, and overall economic strategies. For this reason, a shift in the balance of power could have wide-ranging implications for future policies and the financial prospects of individuals and businesses.
Knowing these common legacy pitfalls can help your family avoid them.
The coronavirus continues to have an unprecedented human and economic toll, and as we face our “new normal,” no sector of the economy is immune to the potential impact or resulting downturn, including family offices.
Taxpayers who took RMDs as early as January 1 now have the option to roll the funds back into a retirement account by the end of August.
Stocks rebounded from a dismal March by posting their best monthly returns since 1987, as investors were encouraged by the expectation of additional government stimulus programs and hope that the economy would be reopening soon.