A second-generation enrolled retirement plan agent explains how he helps companies smooth out plan problems with the IRS.
Although the SECURE Act eliminated stretch IRAs for most beneficiaries, replacing them with the 10-year post-death payout rule, some beneficiaries can still use a stretch IRA.
Fees, financial literacy and the freedom to work as an independent contractor are all under debate in state legislatures — and relevant to the growth of advisers' practices
The latest annual report from the Social Security and Medicare Trustees moves the program's insolvency date back by one year.
The tax implications of an IRA conversion are far from automatic and can be difficult to forecast this early in the year.
Age, work status and benefit amounts dictate which Social Security benefit to claim first.
The April report on consumer prices suggests inflation could result in an 8.6% cost-of-living adjustment to next year’s benefits.
Providing hefty bonuses to recruit financial advisers is like a sugar rush: sweet at first but it comes with a downside.
Minor and disabled children are eligible for benefits when a parent retires or dies, and those benefits extend until the child is 18 — or 19 if still in high school.
Doing a Roth conversion is one way to avoid a tax hit later, Slott said, and life insurance is another, often-overlooked tool.
Many Vanguard clients who invested in target-date funds face significantly higher tax bills this year because of a change the company made to its target-date funds in late 2020.
The state imposes an annual $400 levy, the so-called privilege tax, on members of certain professions who do business in the state.
The opportunity to use a valuable claiming strategy will soon disappear.
A bill in Tennessee would eliminate a privilege tax levied on investment advisers. A proposal to tax financial advice was stopped in Kentucky.
New (and confusing) IRS rules about required minimum distributions raise new questions for advisers.
An ex-wife must wait for her former husband to turn 62 to claim benefits on his record.
The court refused to review a New York-led constitutional challenge to the $10,000 cap on state and local tax deductions imposed in the 2017 tax law.
Digital tokens like Bitcoin and Ethereum are classified as property by the Internal Revenue Service and taxed like stocks and bonds.
Survivor benefits can continue for those who wait until they're 60 to wed.
Under Biden's plan, wealthy individuals would owe taxes on the unrealized gains of their assets, in addition to realized gains, a change that would upend long-standing tax principles.
