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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.…

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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…

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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.…

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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…

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The Fiduciary Advisor Report – Monday, June 15, 2020 – Draper Utah

The Fiduciary Advisor Report – Monday, June 15, 2020 – Draper Utah

THE WEEK ON WALL STREET Investor sentiment turned negative last week, amid an increasing number of COVID-19 cases in states where re-opening has been underway as well as a subdued economic forecast from the Federal Reserve. The Dow Jones Industrial Average dropped 5.55%, while the Standard & Poor’s 500 lost 4.78%. The Nasdaq Composite Index…

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“Backdoor” Roth IRAs – Presented by Mark K. Lund, Investment Advisor

“Backdoor” Roth IRAs – Presented by Mark K. Lund, Investment Advisor

If you make too much money to open a Roth IRA, you could create one this way. You can sum up the appeal of a Roth IRA in three words: federal tax benefit. Potential earnings in a Roth IRA grow tax free as long as the owner abides by the Internal Revenue Service (I.R.S.) rules,…

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The Fiduciary Advisor Report – Monday, June 8, 2020 – Utah County

The Fiduciary Advisor Report – Monday, June 8, 2020 – Utah County

THE WEEK ON WALL STREET A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a global economic recovery outweighed concerns over civil unrest and tensions with China. The Dow Jones Industrial Average jumped 6.81%, while the Standard & Poor’s 500 advanced 4.91%. The tech-heavy Nasdaq Composite Index lagged,…

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The Pros and Cons of Early Retirement Plan Rollovers – Presented by Mark K. Lund, Financial Planner

The Pros and Cons of Early Retirement Plan Rollovers – Presented by Mark K. Lund, Financial Planner

Should you withdraw and reinvest your retirement plan money while you are still on the job? Did you know you might be able to take some or all of the money in your 401(k), 403(b), or 457 plan and roll it over into another type of retirement account? Were you aware that you could do…

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The Fiduciary Advisor Report – Monday, June 1, 2020 – Park City

The Fiduciary Advisor Report – Monday, June 1, 2020 – Park City

THE WEEK ON WALL STREET The shortened week, which began with a powerful two-day rally of trading, was enough to drive the markets into another week of solid gains. The Dow Jones Industrial Average rose 3.75%, while the Standard & Poor’s 500 advanced 3.01%. The Nasdaq Composite Index climbed 1.77% for the week. The MSCI…

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Details on the Tax Deadline Extension – Presented by Mark K. Lund, Financial Advisor

Details on the Tax Deadline Extension – Presented by Mark K. Lund, Financial Advisor

The I.R.S. is giving you three additional months to file and pay. The Internal Revenue Service knows that many taxpayers have had a stressful spring. So, it has reset the federal tax deadline. You now have until July 15 to file your 1040 form. July 15 is also the deadline to pay any federal taxes…

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