Investment advisers embraced an effort by the leader of a congressional tax-writing committee to simplify the tax code but winced at the higher taxes on the wealthy that would be required to pay for the changes.
Billionaire Steve Schwarzman expects private equity returns of 10% over market. But let's get real: The odds of you seeing that in your 401(k) are slim.
Financial advisers may need to consider other income options.
With the $2,500 American Opportunity Tax Credit's phaseout now at $180,000 of modified adjusted gross income, more parents are eligible. But claiming it requires coordination with distributions from 529s and education savings accounts.
Insurer, shrinking its annuity business since 2012, plans enhanced surrender offers
It is shaping up to be another wait-and-see exercise on tax policy that once again makes tax planning a challenge for investment advisers and their clients.
<i>Breakfast with Benjamin:</i> Time to sell stocks? Plus: All you need to know about the Fed's policy decision today, lessons from a Texas-size bankruptcy, lingering effects of the polar vortex, a social media darling trips up, and the latest on Rep. Dave Camp's tax reform plan.
MediaMath, one of Crain's New York's 50 fastest growing companies, doubled its employees to 350 in a year. CEO Joe Zawadzki offers advice on retaining culture in an environment of rapid growth.
As the hiring environment become more competitive for techies, Michael Kirven, CEO of tech staffing firm Mondo, has some tips for making an offer stand out.
The beach retreat for Manhattan is one of a number of getaway markets that have been benefiting from the wealth effect of rising stocks. Vacation homes made up 13% of all sales last year, the highest level since 2006, the National Association of Realtors reported this month.
As the political fight over raising taxes for high-income Americans fades, so are predictions for negative economic fallout. The first boost in marginal income rates in 20 years is already reducing the U.S. budget deficit without tipping the economy into recession.
But there's plenty of resistance from plan sponsors
Still wary of being accused of conspicuous consumption, the wealthy are paying for high-end experiences and access to celebrities, professional athletes and exclusive events.
T. Rowe Price's Christine Fahlund puts theories to test.
Agency to enforce one IRA-to-IRA rollover every 365 days rule despite earlier interpretation.
Stocks, bonds and commodities rose together in February for the first time in seven months, reversing January's losses. The S&P 500 is at a new all-time high. So who's panicking now?
Course covers finer points of Windfall Elimination Provision calculations, but needs more emphasis on claiming strategies.
But a credit freeze could complicate the sign-up process.
