RSSArticles

The I.R.S. Has Enhanced the 2020 RMD Waivers – Presented by Mark K. Lund, Financial Planner

The I.R.S. Has Enhanced the 2020 RMD Waivers – Presented by Mark K. Lund, Financial Planner

Investors may be eligible to “undo” certain retirement account withdrawals before September. In March, the Coronavirus Aid, Relief, and Economic Security (CARES) Act became law. It was designed to help Americans impacted by the COVID-19 pandemic.1 The new law offered investors a financial break. It gave people the option to skip required minimum distributions (RMDs)…

Continue Reading

What Is Earnings Season?
 – Presented by Mark Lund, Investment Advisor

What Is Earnings Season?
 – Presented by Mark Lund, Investment Advisor

Financial results are reported each quarter. Every few months, you may hear the phrase “we’re entering earnings season” as you read financial news. But what exactly is “earnings season” and why is it important to Wall Street? Earnings season is the period of time when a majority of publicly traded companies release their quarterly financial…

Continue Reading

The Fiduciary Advisor Report – Monday, July 27, 2020 – Utah County

The Fiduciary Advisor Report – Monday, July 27, 2020 – Utah County

  THE WEEK ON WALL STREET Stocks slipped in the final days of trading last week on higher jobless claims and rising tensions in the U.S.-China relationship. The Dow Jones Industrial Average lost 0.76%, while the Standard & Poor’s 500 dipped 0.28%. The Nasdaq Composite Index dropped 1.33% for the week. The MSCI EAFE Index,…

Continue Reading

What is Reg BI? – Presented by Mark K. Lund, Financial Planner

What is Reg BI? – Presented by Mark K. Lund, Financial Planner

A look at Regulation Best Interest. Recently, you may have heard that financial industry regulators established a new set of rules designed to guide investors who work with an investment professional. This new set of rules is called “Regulation Best Interest” rule, known colloquially as “Reg BI.” 1 This rule establishes a series of guidelines…

Continue Reading

Before You Claim Social Security – Provided by Mark K. Lund, Financial advisor

Before You Claim Social Security – Provided by Mark K. Lund, Financial advisor

A few things you may want to think about before filing for benefits. Whether you want to leave work at 62, 67, or 72, claiming the retirement benefits you are entitled to by federal law is no casual decision. You will want to consider a few key factors first. How long do you think you…

Continue Reading

Retirement Plan Options for Small Businesses
 – Provided by Mark K. Lund, Financial Advisor

Retirement Plan Options for Small Businesses
 – Provided by Mark K. Lund, Financial Advisor

The SECURE Act and CARES Act may complicate the decision. As a small-business owner, figuring out retirement choices can be a little intimidating. How do you pick the most appropriate retirement plan for your business as well as your employees? There are three main types of retirement plans for small businesses: SIMPLE-IRAs, SEP-IRAs, and 401(k)s.…

Continue Reading

The Fiduciary Advisor Report – Monday, June 29, 2020 – Draper Utah

The Fiduciary Advisor Report – Monday, June 29, 2020 – Draper Utah

THE WEEK ON WALL STREET A jump in COVID-19 cases dampened investor enthusiasm last week, sending stock prices lower on worries that rising infections could derail the economic recovery. The Dow Jones Industrial Average slumped 3.31%, while the Standard & Poor’s 500 retreated 2.86%. The Nasdaq Composite Index lost 1.90% for the week. The MSCI…

Continue Reading

Who Is Your Trusted Contact? – Presented by Mark K. Lund, Investment Advisor

Who Is Your Trusted Contact? – Presented by Mark K. Lund, Investment Advisor

This vital investment account question should be answered sooner rather than later. Investment firms have a new client service requirement. They must now ask you if you would like to provide the name and information of a trusted contact.1 You do not have to supply this information, but it is encouraged. The request is made…

Continue Reading

The Fiduciary Advisor Report – Monday, June 22, 2020 – Highland Utah

The Fiduciary Advisor Report – Monday, June 22, 2020 – Highland Utah

THE WEEK ON WALL STREET Stocks moved higher last week on news of more Federal Reserve market support and diminished concerns that new COVID-19 cases might lead to another economic shutdown. The Dow Jones Industrial Average rose 1.04%, while the Standard & Poor’s 500 gained 1.86%. The Nasdaq Composite Index jumped 3.73% for the week.…

Continue Reading

Making a Charitable Contribution – Presented by Mark K. Lund, Financial Planner

Making a Charitable Contribution – Presented by Mark K. Lund, Financial Planner

There are benefits and limitations when you decide to donate stock. Why sell shares when you can gift them? If you have appreciated stocks in your portfolio, you might want to consider donating those shares to charity rather than selling them. Why, exactly? Donating appreciated securities to a tax-exempt charity may allow you to manage…

Continue Reading