Author Archive | Michael Wroblewski, CFP®

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Retirement Account Minimum Distributions Suspended

The recently enacted CARES Act suspends the requirement that most retirement account owners take a distribution from their accounts for 2020. There are some exceptions, of course. And if you’ve taken an unwanted distribution, there are some opportunities to roll that money into another tax-deferred account. The suspensions generally apply to inherited IRAs. Unfortunately, an […]

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A March to Remember

Most investors would like to forget March 2020. Times of uncertainty and market stress, however, have reinforced three investing fundamentals.  Remembering these fundamentals will help keep your investment goals on track. 1. Vast uncertainty causes dramatic and quick stock price movements. For the 12 months prior to March 2020, the US stock market, as measured […]

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No-Fee Mutual Fund Investing is a Reality

Fidelity Investments recently launched four no-fee mutual funds to gain a competitive advantage against rivals Vanguard and Schwab. This move along with lowering existing index fund fees and eliminating minimum investment amounts go a long way to making investing easier and more affordable for investors. This blog explains how you can take advantage of these […]

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Wells Fargo: Time to Switch?

You may be asking whether it is time to switch your asset accounts from Wells Fargo to another bank. For nearly two years federal and state authorities have been investigating the bank’s business practices and have uncovered disturbing trends. The first investigation uncovered the secret creation of millions of bank and credit card accounts without […]

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