June 7, 2021
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Featured News
InvestmentNews’ 2021 class of 40 Under 40
Our 40 Under 40 project, now in its eighth year, highlights young talent in the financial advice industry. The profiles of these individuals illustrate the tremendous potential of those coming up in the profession. Their stories will surprise, entertain, educate and inspire.
Advisers blast Biden’s retroactive capital gains proposal
The effective date for the capital gains tax hike would be April 28, 2021, when the American Families plan was introduced, according to the Treasury Department’s Greenbook, a compendium of revenue proposals for fiscal 2022 that was released with the administration's $6 trillion budget proposal in May.
Bob Doll joins Crossmark as chief investment officer
The veteran market strategist will lead the faith-based firm’s investment team and will be responsible for growing its investment offerings, specifically focusing on several new actively managed products.
IRS clarifies the 10-year rule, but with added confusion
The agency released a revised version of its publication covering rules on inherited IRAs that confirms there are no RMDs required during the 10 years. But the publication raises another question.
Meeting the growing need for financial caregiving
A new tool tracks spending and sends alerts about unpaid bills and potential elder fraud, helping families to organize and protect the daily finances of an aging loved one.
