Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.
From Don: I've heard that the requirement to make Required Minimum Distributions from an IRA has been "waived" for calendar year 2009. I've looked diligently for confirmation of this in some official publication; but, to no avail. As I'm not a very trusting soul, could you guide me to an official…
Topics: personal finance advice
We got a call from Vicky, whose 403(b) from an old employer was rolled over to a 401(k). She then got a 1099 for the annuity. She's wondering if that's normal, since she didn't get a 1099 from any of the other accounts that got rolled over.
According to one EA who emailed me, receiving a 1099R is…
Topics: taxes
As we end the year, it's hard to picture just how awful a year this was. It's even harder to imagine what 2009 will be like if 2008 was this bad.
One way to judge a year is by the numbers. Here are a few of the most interesting:
Stock Market:
S&P fell 1.7% last week to 872; down 41% in 2008 Dow Jones…
Topics: housing market
If you're unemployed, or feeling like you might be unemployed in 2009, you'll probably want to take advantage of Challenger Gray and Christmas's annual free jobs hotline.
CG&C is one of the nation's top outplacement firms. They keep a watchful eye on what's going on in the employment scene, and work…
Topics: job advice
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