IRS gives tardy retirement savers more rollover time

Taxpayers who attest to honestly missing the IRS’ 60-day limit for tax-free 401(k) and IRA rollovers can now qualify for a waiver. Be careful how you handle that rollover, make sure it is a custodian to custodian transfer or you could face stiff penalties, even thought the IRS is allowing some exceptions. Source: IRS gives […]

Don’t be tricked by high dividend yields

When it comes to high-dividend stocks, you often get what you pay for. I’ve been talking about this for quite some time, others seem to be in agreement.  Beware the high-dividend yields some stocks offer.  See why there are a mirage more often than not. Source: Don’t be tricked by high dividend yields

John Oliver right to use the ‘F word’ on TV about advisors

Comedian John Oliver ranted about advisors’ fiduciary obligations. The DOL gave it a shot; now it’s the SEC’s turn to step up to the plate. At DaVinci Wealth we take our duty as Fiduciaries very seriously.  It’s not just the legal standard we are held to, but the moral standard we operate under ALWAYS. Source: […]