Asset allocation is a fundamental principle of sound investing. Implementing a strategy and plan into your portfolio is equally, if not more, important to your long-term investment success than the individual securities in your portfolio.
How to Organize Your Financial Life
The SECURE Act
At the end of December 2019, Congress passed a funding resolution for the government which averted a shutdown. The intentions of this law are generally noble--to help more employees fund their senior years with workplace retirement plans which allow participants to save more money than they would through a typical IRA alone. But it also provides some significant changes which individuals and planners alike are going to have to wade through in the coming years.
