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Investing Blog Roundup: 2020 RMDs (You Can Put Them Back)

The CARES Act waived RMDs for 2020, but of course many people had already taken their RMD for the year by the time the CARES Act was passed on March 27. This week the IRS announced that you can roll those assets back into a retirement account (by 8/31/20), without having to worry about the normal “60-day rule” or “once-per-year rule.”

Other Recommended Reading

I hope you are well, and thanks for reading!

Investing Blog Roundup: State and Local Taxes as a Retiree

Many people consider moving when they retire — sometimes to be closer to family, sometimes to pursue certain interests/hobbies/adventures, and sometimes simply for financial reasons. Cost of living is of course an important factor in such decisions, and this week Christine Benz explores the various ways in which taxes play a role in cost of living. (A key point being: there’s more to pay attention to than just income tax rate!)

Other Recommended Reading

I hope you’re well, and thanks for reading!

Investing Blog Roundup: the Three Sides of Risk

You know the feeling when you come across a piece of work that is so good that you don’t even want to try to describe it? That’s how I feel about Morgan Housel’s deeply personal article below. I encourage you to read it.

Other Recommended Reading

I hope you are well (and stay that way), and thank you for reading!

Investing Blog Roundup: the 8% Return Myth

This week, Christine Benz tackles the myth/misconception that delaying Social Security provides an 8% return, while test-driving the Open Social Security calculator as well as the SSA’s own benefit calculator.

Other Recommended Reading

I hope you are well, and thanks for reading!

Investing Blog Roundup: Another Look at Bucket Strategies

Bucket strategies are a popular approach to asset allocation in retirement. They’re also a hot topic as far as whether (relative to a more traditional static asset allocation strategy) they improve results, worsen results, or offer no meaningful financial (i.e., non-psychological) change.

Joe Tomlinson recently took a look at such strategies and came to a conclusion that was different from what he had anticipated.

Other Recommended Reading

I hope you are well, and thank you for reading!

Investing Blog Roundup: More Funds in 401(k) Leads to Better Outcomes

I hope you are all safe and as happy and healthy as it is possible for you to be.

For years, the conventional wisdom regarding 401(k) and other similar workplace retirement plans is that the plan shouldn’t have “too many” investment options. Having a lot of options causes employees to experience “choice overload,” which can lead to worse decisions.

I recently came across a piece of research from David Blanchett and Michael Finke (summary article below) that found exactly the opposite. Having a lot of choices causes more employees to accept the default investment option (possibly because of the feared choice overload). But these days (i.e., post-Pension Protection Act of 2006), that’s a good thing because more and more employers are using target-date funds as the default option.

Other Recommended Reading

Thanks for reading!

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