Month: January 2020

Tax Season

When to Expect Your 1099s: Schwab has two release dates planned: January 31 for simple accounts (cash and stocks only), and February 14 for all other accounts (those that have mutual funds and ETF holdings). Note that these are the “digital release date”, i.e. when the 1099 is available online. If you are waiting for…
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The SECURE Act of 2019

The Secure Act of Setting Every Community UP for Retirement Enhancement Act signed into law December 20, 2019 includes many common sense and overdue provisions that may enhance retirement savings along with some provisions that are not favorable. Some of the key provisions – in approximately the order of impact to our clients-include: Eliminates the…
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A Note on the Schwab/ TD Ameritrade Merger

Many of you may have heard TD Ameritrade has agreed to be absorbed by Schwab. According to Baron’s the companies expect the deal to close in the second half of 2020. As Baron’s reported the combined company would be an industry giant: TD would double Schwab’s brokerage account base to about 24 million, add 1.3…
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2019 Q4 Letter to Clients

Dear Clients, Happy New Decade. We trust you all had a wonderful holiday season. As the we enter a new decade how many of you remember where you were December 31st, 1999? The clocks were going to fail to rollover and our world would shut down. Did not happen, just like then 2019 did not…
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