The annual EBRI survey underscores workers' and retirees' optimism about the outlook for Social Security and Medicare.
Tax-related advice is one of the few areas where advisory expertise so clearly and quickly shows its worth.
To maximize benefits over the couple’s joint lifetimes, claiming her Social Security benefits early will likely result in the largest payout.
The record deal volume in the first quarter is being attributed to multiple factors, not the least of which is President Joe Biden's threats to hike capital gains taxes.
The level of knowledge is improving but the public still needs guidance on decisions about claiming benefits.
There's a sense of urgency to make moves to take advantage of today's low tax rates because they may be going up soon. A $2.3 trillion package contains a proposal to increase the corporate tax rate from 21% to 28%.
Three House Democrats say they won't support the tax hikes needed to support the administration's infrastructure proposal unless the plan repeals the cap on state and local tax deductions.
The president's infrastructure plan would reverse a large part of Trump's tax cut, which proved to be a huge boon for the stock market.
There’s rising confidence at the White House that evidence of widening inequality will translate into broad popular support for a tax-the-wealthy strategy.
The National Association of Registered Social Security Analysts' program qualifies for CFP and CPA continuing education credits.
The change comes after calls from accountants and leaders in Congress to delay the due date as new legislation and pandemic-related work changes disrupt taxpayer plans.
Planned projects in the area that were cut back under the Trump administration would restrict access to tools for reducing estate tax bills.
When a family member dies, the Social Security office will often ask for the last check back.
Take advantage of an environment that's favorable for charitable giving to engage in tax-smart, high-impact philanthropy.
There are small business tax deductions that financial advisers need to know, including work-from-home deductions.
Too much money in tax-deferred retirement accounts could undermine clients' financial plans if taxes rise in the future to pay for today’s exploding government spending.
The measure faces a difficult legislative journey in a narrowly divided Congress, even if it becomes part of a reconciliation bill that can be approved by a simple majority in the Senate.
The measure would impose a 2% annual tax on households and trusts valued at between $50 million and $1 billion; all net worth over $1 billion would be taxed at 3%.
Advisers need to grasp the Employee Retention Credit, in order to better inform their clients and make better decisions for their own businesses.
A custom passive separately managed account (SMA) may hold distinct tax advantages for investors. Explore the benefits of transitioning from traditional ETFs to custom SMAs.
