As many as 800,000 taxpayers received tax documents with erroneous information.
If clients fit the requirements, now is the time for them to take action and reduce unnecessary medical spending and hassles
Guaranteed lifetime withdrawal benefits are back
Advisers' responsibility to make sure their clients are prepared for the challenges and opportunities that come with extended life expectancies.
<i>Breakfast with Benjamin</i>: Maybe taxes aren't the reason U.S. companies are relocating overseas. Plus: Individuals are also leaving the country, cybersecurity spending spikes, and four good reasons to save more money.
The industry group is reducing the cost of health care for small and large advisory firms, according to FSI’s Chris Paulitz
<i>Breakfast with Benjamin:</i>Annuity sellers fighting for IRAs. <i>Plus:</i> What's good for consumer isn't for business; another perspective on how much size matters; adviser tech world rocked; and how to join the 1%
Some states will bar the payment of life insurance proceeds when a couple is splitting.
Data suggest some workers are making the maximum contributions to their health savings accounts, but there's room for improvement.
Medical device firm accused of Medicare fraud; lawyer denies charges, says complying with federal probe.
Making lifetime income options more readily available will help enhance retirement security, according to IRI's Cathy Weatherford.
With women representing only 11.5% of advisers, trade group plans to highlight women in industry.
In today's <i>Breakfast with Benjmain</i>, looks might help money managers land more assets, but they also tend to underperform. Plus: Darryl Strawberry's contract balance goes to the highest bidder, Florida investment manager charged with bilking $17M from clients, and a hedge fund manager uses proper etiquette after losing his clients' money.
Case serves as a reminder that advisers need to plan for events in which a beneficiary becomes unable to inherit.
When the president delivers his State of the Union address tonight, he will make proposals that could change the basic assumptions advisers rely on for wealthy clients. <i>(See also: <a href="http://www.investmentnews.com/gallery/20141231/FREE/123109998/PH" target="_blank">13 crucial state tax changes</a>.)</i>
Accountants still see cause for worry with additional costs and paperwork tied to the Affordable Care Act.
From barely registering to an integral component
Existing products don't fit within the broad regulatory guidelines governing a lifetime income option that contains a deferred annuity offered within a target date fund.
