What you need to know, now. 

• 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).

The affiliated service group (ASG) rules were added to the Code in order to close several loopholes that practitioners found in the controlled group rules. Even if two businesses do not constitute a controlled group, the ASG rules will aggregate the businesses if they are sufficiently tied together in performing services for one another or for third parties.

Asset Class Performance: Large company stocks in the U.S. and abroad finished in the red for the second consecutive month. Real Estate also gave background in October. However, small company stocks and emerging markets stocks both gained +2.1%.