Back to School, Covid Style

Back to School, Covid Style

These days have been interesting around the Alder Financial Group office with our two new interns, Sydney (7) and Morgan (5). Public schools around metro Atlanta are currently operating on a virtual only platform. My girls are currently in week 5 and thankfully many...
Big IRA Changes for 2020

Big IRA Changes for 2020

Amid the craziness that is 2020, I wanted to bring a few important IRA updates for this year to your attention. Some changes are temporary pandemic relief resulting from the CARES Act while others are here to stay due to the SECURE Act that was passed in late 2019....
The Disease vs. The Cure

The Disease vs. The Cure

Despite all the anxiety and grim news, the stock market was able to retrace much of the losses suffered in the first quarter of the year. After bottoming out in late March with a roughly 40% decline, the broader stock market was able to move steadily higher throughout...
Market Rx

Market Rx

Many of you have heard us talk about the fact that the stock market regularly goes through periods where it loses half its value. This happens roughly every ten years. The last episode was around 2009-2010 during the financial crisis. Ten years later we have our...
Why is There Missing Cost Basis on my 1099-B?

Why is There Missing Cost Basis on my 1099-B?

As many of you are aware, new cost basis reporting rules were phased in over the past few years.  In an attempt to find missing tax revenue, new rules require brokerage firms to include cost basis information on 1099-B’s on certain securities. These rules drastically...