Portfolio

The passage extends the IRA contribution deadline and waives RMDs for 2020. Here’s what else financial advisors need to know.

Asset managers may need to reassess the assumption that’s become widely held in recent years: that inflation is dead.

In some cases, workers who have received severance pay have the option of investing the money for retirement and other long-term goals.

Too many advisors push clients “to do things, rather than listening and empathizing and inspiring them,” says the founder of the Kinder Institute for Life Planning.

Turning loss into profit in down markets can seem like magic to some clients.

“Recent further Fed action from COVID-19 seems to put another layer on a near-40-year bond bull market,” an expert says.

The problem was from a bug related to an external software provider.

“The data that the market typically relies on is too slow to keep up with how rapidly the situation has been changing," says Richard Bernstein Advisors' deputy CIO.

The relief allows funds to obtain cash infusions through collateralized loans until the end of June.

Older clients are advised to take extra steps to protect their finances as the current crisis may leave them prone to making poor financial decisions.