Senate Democratic leaders will introduce a bill that would provide tax relief for small businesses that hired new workers and purchased new capital equipment this year.
The Hartford's surprise exit from several key businesses is still making waves in the advice industry. The latest news: Edward Jones has ceased selling the carrier's life insurance and annuities.
Unlike earlier proposals by House Republicans, the bill wouldn't prevent any specific industry from qualifying for the break amounting to 20% of businesses' income
The case for quality dividend stocks in the first five years of retirement
Tough to make ends meet with CDs and Treasuries; volatility not as frightening when it's SOP
No idea about tax benefits of the accounts, or maximum contributions
Demand for alternative investments is on the rise, with clients eager to funnel money into real estate, private placements and hedge funds. But with nagging custody issues, plus regulatory warnings, few advisers can meet the growing number of requests.
Pall over property market a drag on economy, says William Strauss
Hartford Financial Services has offered its head of wealth management, David Levenson, $2 million to stay on for another 11 months while it seeks a buyer for its life and 401(k) businesses.
Two new measures targeting the accounts introduced in the past week; source of savings, source of tax revenue
Claim plan to rejigger taxes on inherited accounts could hurt savers with older spouses; 'a nonstarter'
Financial troubles of retired players sees union, league set up mandatory retirement savings plan
Fixed indexed annuities were a hot product among independent broker-dealer reps last year as clients sought a safe-money alternative to CDs, made virtually worthless by low interest rates.
A look at the latest trends in variable annuity sales and strategies.
