Summary
Ivana Hampton is the editor of Investing Insights. She looks at what's holding the entertainment powerhouse back. The IRS is giving people who inherited IRAs a break for another year. And the market appears to be overlooking an undervalued opportunity to play the AI boom.
Investors may be overlooking or even ignoring an undervalued opportunity to participate in the AI explosion. Palantir’s net retention, a measure of the firm’S ability to upsell existing customers, is turning around with growing adoption of its AI platform.
Investors always saw utilities as dividends, dividend-paying stocks, and bond proxies. We saw utilities trading a lot on interest rates over 2022 and 2023. The sector had its worst relative performance in 2023 in 25 years. Since October, it’s pretty phenomenal.
Withdrawals from Inherited IRAs and the 10-Year Rule. What does this mean for investors and how can it affect their taxes? IRA Quick Reference Guide author and Morningstar contributor Denise Appleby has written about this. She says the IRS has waived the excise tax, not the required minimum distributions.
When Congress waives RMDs, it adds an additional year to people who were subject to the five-year rule under the old rules. If your account is an inherited 401(k), and you’re rolling it over to an inherited IRA, you have to take the RMD first.
Will the IRS Suspend the Withdrawal Penalty for Inherited IRAs in 2025? Denise Appleby: The IRS is doing the best that they can. If you want them to waive RMDs, contact your congressperson. Call your congress person. Tell him I sent you.
