Mutual fund giant seeing fees, assets decline but 401(k) business strong
Premarital agreements are on the rise, and they're no longer just for the wealthy
To qualify for survivor's benefits, spouses must have been married nine months, except under certain conditions.
They're a great way to save on federal taxes, but state treatments differ widely
Roth conversions came in at $64.8 billion in 2010, above an expected $26.5 billion.
Cynthia Hutchins takes on newly created role to help advisers deal with aging clients.
There is flexibility in lump-sum payouts – but you must be alive to collect them
Today's Breakfast with Benjamin features BlackRock's settlement with the N.Y. attorney general. Plus: Stock futures looking up, activist hedge funds rock, a look at 4Q earnings, the myth of cybersecurity, retirement mistakes to avoid and the upside of office relationships.
But each spouse can chose only one tactic.
With the estate tax exclusion being set at $5.25 million per person, it's easy for affluent clients whose estates don't quite hit that level to write off creating estate plans or building trusts. But even those in-between clients benefit from establishing trusts in select scenarios.
Today's Breakfast with Benjamin includes: Goldman's stock market call, a closer look at Fed policy, lawyers pick apart Volcker rule, retailers and cyber security, combining IRAs, and how not to ignore your client's wife.
Claiming strategy triggers benefits for children, spouses and protects your own.
About 10 million Americans will fork over a bigger slice of their paycheck to Social Security and Medicare taxes this year but Social Security retirement benefits increase by just 1.5%.
Married couples can't double-dip and claim spousal benefits, too.
Planning for this one aspect of retirement will help you maintain your sense of dignity as you age
Trying to get up to speed on Social Security-claiming strategies? Check out these go-to resources.
I love when readers with whom I consult about tricky Social Security-claiming strategies report back to me with results.
Details are incomplete, but it is clear that the filing point to the growing bifurcation in the variable annuity pool of offerings: There will continue to be traditional variable annuities with living benefits, but more and more, carriers will be bringing out products that are largely investment-focused.
