A group of medical professionals claim their employer's retirement investments were unfairly expensive
But there is an exception to the two-year divorce rule.
A new paper by Wade D. Pfau and Michael Kitces turns conventional retirement income strategy on its head.
Depends on where client is - living modestly in early years or enjoy days to fullest.
Pfau explains two strategies that depend on flexibility of the client.
<i>Breakfast with Benjamin:</i> A man called "Mr. ETF," plus the skinny on Dave Camp's tax plan, Edward Jones settles cold calling case, a Wall St. cop moves on and a new take on "insider" trading.
Some higher-income professionals would pay an extra 10%
Warning: Don't overlook the implication of state income taxes, ordinary income or capital gains.
Advisers should recommend statutory shelters to ease clients' tax bite.
Thousands of Credit Suisse Group AG's U.S. clients still don't know whether tax authorities will learn their identities as prosecutors work to conclude a three-year probe of how the bank helped them evade taxes.
Why your employer's switch to lump sum contributions could make you miss the market rally
<i>Breakfast with Benjamin:</i> Trouble in bitcoin land (but there's a silver lining) while one couple strikes gold with other coins. Plus: Tesla shines, Credit Suisse does not and looking for Macy's shoppers.
New retirees are scrambling to get by in one of the least retirement-friendly countries in the developed world
Don't overlook the implication of state income taxes, ordinary income or capital gains
A new annuity product intended to buffer clients' account values against downside losses is starting to gain interest. Will it catch on across the industry? <b><i>Plus: <a href="http://www.investmentnews.com/section/specialreport/20140223/ANNUITIES">Our full Annuities Special Report</b></i></a>
Challenge for advisers working with these clients is to warm them up to risk.
The latest benefits optimizing software is free.
Don't get greedy when trying to maximize Social Security benefits for your clients. Beneficiaries are entitled to only one claim per person. <i>InvestmentNews</i> contributing editor Mary Beth Franklin has the details.
Payments to spouse and children may be reduced.
