Daily Archives: July 3, 2019


Individual Retirement Account Distribution Rules and Requirements

With an effort to increase the American retirement savings rate, Congress established Individual Retirement Accounts (IRAs) through the Employee Retirement Income Security Act of 1974.  IRAs have greatly advanced since their creation, allowing for tax-deferred, and in some cases tax-free, growth of retirement assets.  Also, they allow greater contribution limits […]


July Investment Comments

After ten years of mostly steady expansion, the industrial economy currently looks tired.  Transportation, energy, and basic materials stocks have been among the market’s worst performers in the past one and three months.  The statistics confirm investors’ concerns.  April’s industrial production estimate showed annualized growth of less than 1%, about […]