Posts by Dan Moisand
How the SECURE Act affects retirement accounts
How the SECURE Act affects retirement accounts Several tax code changes were enacted when the SECURE Act (Setting Every Community Up for Retirement Enhancement Act) took effect on January 1, 2020. We thought it would be more valuable to spare our clients the chore of perusing the 1,770 page document covering the entire bill and…
Read MoreWhat to expect in a stock market recovery
What to expect in a stock market recovery There is an adage in sports, “Pressure is something you feel when you are not prepared.” While preparation does not eliminate all pressure, the sentiment holds truth. It is why coaches run drills and push players in practice. They do not want the pressures of competition to…
Read MoreCan I get money from my IRA tax free due to Covid-19?
Can I get money from my IRA tax free due to Covid-19? In response to the Covid-19 pandemic, the CARES Act changed several IRA and retirement plan rules for people of all ages. The Act allows qualified individuals to take distributions during 2020 of up to $100,000 penalty-free, but not tax-free, from their IRAs or…
Read MoreOrlando Financial Advisor Firm Named A Best Place To Work Again
Orlando Financial Advisor firm, Moisand Fitzgerald Tamayo, Named a 2020 Best Places to Work for Financial Advisers by InvestmentNews Orlando – April 27, 2020 – InvestmentNews has recognized Moisand Fitzgerald Tamayo, LLC as a 2020 Best Places to Work for Financial Advisers. Moisand Fitzgerald Tamayo (MFT) was chosen for the second time as one of…
Read MoreDecision making in the face of uncertainty
Decision making in the face of uncertainty When markets rise or fall ten percent in a day and your account values oscillate by thousands of dollars along with those shifts, it is easy to become concerned about short term market behavior. Concern would be a perfectly normal reaction. However, what you do with your concern…
Read MoreHow filing your 2019 tax return can affect your stimulus check
File now or in July? The recently passed CARES Act includes a provision to send stimulus checks to eligible Americans and their dependents. Eligibility for stimulus checks is based on your most recently filed tax return. If your Adjusted Gross Income (AGI) was high in 2018, defined here as over $75,000 for a single filer or…
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