How to Manage Emotions during the Coronavirus Pandemic

Nobel Prize-winning psychologist Daniel Kahneman demonstrated this with his loss aversion theory, showing that people feel the pain of losing money more than they enjoy gains. The natural instinct is to flee the market when it starts to plummet, just as greed prompts people to jump back in when stocks are skyrocketing. Both can have negative impacts. 

 

Read More

Qualified Charitable Distributions

By Matt Ahrens, CIMA®​ and Scott Schaeffer

 

Qualified Charitable Distributions 

A Qualified Charitable Distribution, or “QCD” is a direct transfer of funds from your IRA custodian, payable to a qualified charity. QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year so long as certain rules are met.

 

Read More
Subscribe to COMMENTARY