Some potential benefits of the Securing a Strong Retirement Act.   Kyle Boston   Recently, you may have seen headlines regarding the Securing a Strong Retirement Act, also referred to as the second version of the SECURE Act, or SECURE Act 2.0.   As the bill moves from the House of Representatives to the Senate,…

Cryptocurrency in the Institutional Space Kyle Boston, Vice President First Coast Financial Group   The crypto-craze has reached far and wide at this point in time. With the SEC on the brink of a decision regarding the VanEck Crypto ETF (and others), it is becoming a very real possibility that institutional investors will now have…

The Oracle of Omaha and the Fed Chair seem to be at odds.   What does it mean when two of the most powerful voices in American financial life seem to be saying two different things?   In one corner, we have the “Oracle of Omaha,” investor Warren Buffett. As one of the nation’s richest…

Some examples to consider.    Investors looking for “green shoots” to confirm that the economy is on the mend have seen plenty of examples in recent weeks.   Retail sales rose 9.8% in March, the largest monthly gain since May 2020. It’s important to remember that purchases at stores, restaurants, and online are among the…

The proposal does not yet include any new taxes on individuals.     President Joe Biden introduced the much-anticipated American Jobs Plan, which outlines an approach to spend roughly $2.2 trillion on the nation’s infrastructure and other projects.   As part of the legislative process, the Biden administration also laid out a proposal for paying…

The IRS Extends Additional Tax Deadlines What to know about your IRA, HSA, and more.     Previously, the Internal Revenue Service (IRS) announced that the federal income tax filing due date for individuals for the 2020 tax year had been automatically extended from April 15, 2021, to May 17, 2021.1   More time for…

The new deadline is May 17, 2021.   Provided by Kyle Boston   Less than one month ahead of the traditional date, the I.R.S. has delayed the deadline for filing and paying taxes. The new deadline is May 17, 2021.1,2,3   The delay follows continued disruption from the COVID-19 pandemic and a late start to…

Do you know what has changed for I.R.A. beneficiaries?   Provided by Kyle Boston   New inherited I.R.A. rules took effect on January 1, 2020. The Setting Every Community Up for Retirement Enhancement (SECURE) Act became law on that day, altering the regulations on inherited Individual Retirement Account (I.R.A.) distributions.   The big change: the…

2020 IRA Deadlines Are Approaching Here is what you need to know.   Provided by Kyle Boston   Financially, many of us associate April with taxes – but we should also associate December with important IRA deadlines. December 31, 2021 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts.…

Quarterly financial reports are here.   Provided by Kyle Boston   Every few months, you may hear the phrase “earnings season” as you listen to financial news.   But what exactly is “earnings season,” and why is it important to Wall Street?   Earnings season is the time when a majority of publicly traded companies…

The possibility of being targeted for a scam or a malicious scheme is well-known, and you may be aware of some of the more common or outdated scams. Today’s criminals, however, are increasingly devious. They know that many people are onto their efforts, so they can go to great lengths to trick consumers like you…

September is Life Insurance Awareness Month which gives us a reason to talk about a subject that some try to avoid.  Life insurance can conjure up dark images.  Many people are jarred into realizing the importance of buying life insurance after a close friend or family member has passed away or even after hearing a…