What you need to know, now. 

Equities ended the week, and the year, at new record highs, and Small Caps broke their eight week winning streak.

Stocks were mixed in the holiday-shortened week, with Small Caps up for the eighth straight week.

• All four major US stock market indices made record highs on Thursday, and advanced for the week. • Optimism for a coronavirus relief bill fueled markets, but no deal was made by weeks end.

We've assembled a blog of some of the most common retirement questions, particularly by those defined as "pre-retiree" and nearing retirement.

• The S&P 500 set its 30th record high of 2020 on Tuesday, but was down every other day of the week. • The Russell 2000 small cap index extended its weekly winning streak to 6 weeks.

One example of a controlled group is a Parent-subsidiary controlled group: The simplest form of a parent-subsidiary controlled group consists of one business (the parent) that owns at least 80% of another business (the subsidiary).