End-of-Year Checklist
With the end of the year approaching, we wanted to remind you of a few things to consider regarding your retirement accounts.
With the end of the year approaching, we wanted to remind you of a few things to consider regarding your retirement accounts.
The rules around Inherited IRAs changed in 2019 with the passage of the Secure Act. Regulations released in 2022 outline the process, and the choices a beneficiary has are now a little more complex. I hope this will help you determine what rules apply to your situation, and decide the best choice for you.
Financial markets declined in September. Bonds lost the least, followed by US large-cap stocks. US small-cap stocks and International stocks fared the worst. The same is true for the year to date.
Financial markets declined in August. US small-cap stocks performed best, followed by bonds. US large-cap and International stocks fared the worst. Since the beginning of the year, bonds are down the least, while stocks are still down double digits.
Markets have rallied to start the second half of the year. US small-cap and large-cap stocks led the way, followed by international stocks. Bonds are also higher, but have trailed on a relative basis. Since the beginning of the year, bonds are down the least, while stocks are still down double digits.
Markets have continued to decline through the end of June. Overall, bonds have held up best, while all stocks categories have fared poorly. Since the beginning of the year, all four asset classes are down double digits, and all stock asset classes are in bear markets.
So far in June, markets have continued to decline. Overall, bonds have held up best, while all stocks categories have fared poorly. Since the beginning of the year, all four asset classes are down double digits, and all stock asset classes are deep into correction territory.
Market volatility continued in May, but stocks began to rally toward the end of the month. Overall for the month, US large and small stocks ended up relatively unchanged, while bonds and international stocks increased. During the year, while both bonds and stocks have decreased, bonds and international stocks have outperformed US large and small caps.
April was another volatile month in financial markets. All asset classes declined, with bonds down the least. International stocks outperformed other stocks, but not by much. So far this year, both bonds and stocks have decreased, and including April’s declines, stocks have gone down more than bonds.