WynnSights Blog

CARES Act Allows Emergency Withdrawals from Retirement Accounts

Hugh F. Wynn

May 7, 20204 min read

CARES Act Allows Emergency Withdrawals from Retirement Accounts

Provisions of the recent CARES Act makes it easier for retirement plan participants to take early withdrawals and/or loans from those plans

Save and Invest...Or I'll Wash Your Mouth Out With Soap!

Hugh F. Wynn

Apr 30, 20203 min read

Save and Invest...Or I'll Wash Your Mouth Out With Soap!

I don’t believe young people are disinterested in saving and investing.

What if I NEED to Sell Investments During Coronavirus Crisis?

Hugh F. Wynn

Apr 23, 20203 min read

What if I NEED to Sell Investments During Coronavirus Crisis?

When investors panic and sell after a market suffers a big drop they either lock in a loss they create a taxable event.

Beware! The Inflation Monster Can Wreak Havoc on your Retirement

Hugh F. Wynn

Apr 16, 20204 min read

Beware! The Inflation Monster Can Wreak Havoc on your Retirement

The average inflation rate hops around like a floppy-eared jackrabbit over time, but since the early 1900s America’s inflation has averaged

COVID-19 Teeter-Totter: Balancing Our Nation's Health and Wealth

Hugh F. Wynn

Apr 9, 20205 min read

COVID-19 Teeter-Totter: Balancing Our Nation's Health and Wealth

Will the CARES Act help us avoid a recession?

Did You Know? You Don't Have to Take RMDs in 2020

Hugh F. Wynn

Apr 2, 20204 min read

Did You Know? You Don't Have to Take RMDs in 2020

Among the important provisions of the Coronavirus-related CARES Act are waivers for Retirees with withdrawals due in 2020

Coronavirus Crisis: Should I Buy or Sell My Investments, or Neither?

Hugh F. Wynn

Mar 26, 20203 min read

Coronavirus Crisis: Should I Buy or Sell My Investments, or Neither?

When the stock market suffers a “crash” of significant proportions, the most common question asked by those with a position in the market is

Target-Date Funds: Simple, Diverse and Great for the Autopilot Investor

Hugh F. Wynn

Mar 19, 20204 min read

Target-Date Funds: Simple, Diverse and Great for the Autopilot Investor

Target-date funds (TDFs) are offered to investors that seek to grow assets over a specified period of time, usually for retirement.

Watch Those Pennies. The Dollars Will Take Care of Themselves.

Hugh F. Wynn

Mar 12, 20203 min read

Watch Those Pennies. The Dollars Will Take Care of Themselves.

You’ve heard the old refrain, “Watch the pennies and the dollars will take care of themselves”. It’s the underpinnings of everything I...

The Skinny on Non-Retirement Household Savings Accounts

Hugh F. Wynn

Mar 5, 20203 min read

The Skinny on Non-Retirement Household Savings Accounts

During this endless political season – I’m fine with about six months of campaigning instead of two years – there have been some...

Hugh F. Wynn

Feb 27, 20203 min read

Win Your Own Lottery

It’s not uncommon for routine lotto participants to spend $1,000 or so per year chasing this “get-rich-quick” gambit.

Save A “Real” Million Bucks By Retirement

Hugh F. Wynn

Feb 20, 20203 min read

Save A “Real” Million Bucks By Retirement

Will you be in hog heaven if you retire with a million bucks in your retirement account?

Hugh F. Wynn

Feb 13, 20202 min read

Who Pays Taxes On Fund Distributions?

Who pays taxes on capital gains of stock sold during a given year by fund managers.

The Coronavirus Crisis: Could it Infect the Market?

Hugh F. Wynn

Feb 6, 20203 min read

The Coronavirus Crisis: Could it Infect the Market?

Investors shouldn’t dismiss out the impact of the Coronavirus virus.

IRA Withdrawal Exceptions: More Rules For The Tools

Hugh F. Wynn

Jan 30, 20204 min read

IRA Withdrawal Exceptions: More Rules For The Tools

The main concern folks – especially young folks – have with IRAs is their “forever” feature.

Hugh F. Wynn

Jan 23, 20203 min read

Tools with Rules: Those Fantastic IRAs

it’s important that Millennials and Gen-Zers begin saving (and investing) early in order to optimize The Amazing Power of Compounding.

Does Investing Mix with a Great Depression?

Hugh F. Wynn

Jan 16, 20203 min read

Does Investing Mix with a Great Depression?

Are we on the brink of another "Great Depression?"

Your Portfolio’s Beating Heart: The Index Fund

Hugh F. Wynn

Jan 9, 20204 min read

Your Portfolio’s Beating Heart: The Index Fund

Investing is as complicated as we choose to make it.

Financial Fairy Tales Can Come True (But They Need Some Pixie Dust)

Hugh F. Wynn

Jan 2, 20204 min read

Financial Fairy Tales Can Come True (But They Need Some Pixie Dust)

The easiest path for a Millennial or Gen-Zer to become financially independent and retire early is to carefully select his/her parents.

The Great 2019 Christmas Heist: Congressional Grinch Targets IRAs

Hugh F. Wynn

Dec 26, 20192 min read

The Great 2019 Christmas Heist: Congressional Grinch Targets IRAs

The Setting Every Community Up for Retirement Enhancement (SECURE) Act made several changes to retirement account rules.

Roth IRAs: The Gift that Keeps on Giving

Hugh F. Wynn

Dec 19, 20194 min read

Roth IRAs: The Gift that Keeps on Giving

Create Roth IRAs by offering to make the annual contribution or to match contributions.