In-vitro fertilization spawns confusion among wealth managers, trust attorneys; 'wide-open field'
When it comes to investment strategies, 94-year-old Edward Zajac takes the long view. And it's paid off handsomely.
The longer Congress drags out setting an estate tax rate and exemption level, the less likely it is to impose a retroactive tax for 2010, according to an economist with a leading agricultural organization.
After much discussion and anticipation, the Automatic IRA Act of 2010 was formally proposed Friday by Sen. Jeff Bingaman, D-N.M. If enacted, the bill could affect half of the country's working population.
BrightScope Inc. today launched a new tool that allows investment-only 401(k) asset managers to pinpoint which retirement plans are using their funds — as well as those of their competitors.
President Barack Obama said it would be “irresponsible” for Congress to extend tax cuts for the wealthiest Americans and voiced support for Treasury Secretary Tim Geithner and National Economic Council Chairman Lawrence Summers.
Employers expect compliance with the health care reform law to account for nearly one-third of the projected 10% average increase next year in health benefit costs, but most are taking steps to keep that increase at or below 6% — a move that will cause many to lose grandfathered status, according to a survey by Mercer LLC.
Study reveals which locales will end up with highest total marginal tax rates; Hawaiian punch
The Tax Foundation, a Washington research group that advocates for lower taxes, said state, local and federal levies would result in a tax rates of nearly 50% in some states' top earners.
Citigroup Inc.'s private bank will triple the number of hedge funds such as Paulson & Co. that its wealthy clients can invest in, under a push to increase money-management revenue.
Move frees company to focus on asset management; insurance less profitable
Long-term care insurance is considered a valuable benefit by employees, but advisers seldom share their enthusiasm.
UBS AG, Switzerland's largest bank, is putting more focus on its richest clients in Asia and bringing its investment bankers closer to asset managers to meet their demands.
The Buckingham Family of Financial Services today announced a merger with Wealth Management Consultants LLC.
Can elect to appy donations made this month to last year's tax returns
A massive gap exists between what workers think they'll need to retire — and how much they've actually saved. The result? Worktirement.
Regardless of which party is in control of Capitol Hill after the November elections, retirement issues are sure to rise to near the top of the congressional agenda.
Move comes ahead of ramped-up government disclosure regs
