The Assets: Tax planning
July 14, 2020
How 'Sophisticated Planning' is an RIA Differentiator
John Bahnken, president of Citizens Bank Wealth Management, shares how RIAs can stand out among a pool of fiduciaries and value-add service providers.
Video [ 2:35 ]
July 1, 2020
Donors Recommend $2.4B in Grants in January-April Period, Up 16%
Fidelity Charitable found that donors increased charitable giving around the country, particularly to organizations helping vulnerable populations.
June 12, 2020
Market Movements Impact Advice on Early 401(k) Withdrawals
Some advisors see an opportunity, while others caution it's merely a last resort.
June 8, 2020
IRS Eases Formalities for 401(k) Hardship Withdrawals and Loans
Plan participants will not need to have a notary physically present to perform the transactions.
June 1, 2020
Growth in Direct-Sold 529 Plans Outpacing Growth in Advisor-Sold Plans
Assets in the college savings plans reached a record at the end of 2019 but have dropped significantly amid the coronavirus crisis.
June 1, 2020
Working Out of State? Be Prepared for Tax Headaches
Rules governing remote workers vary from state to state and even a short sojourn may result in a tax liability in some.
May 26, 2020
The Challenge of Identifying and Addressing Clients' Liabilities
Devin Ekberg, chief learning officer of the Investments & Wealth Institute, says identifying liabilities can be a struggle when they are less defined.
Video [ 1:31 ]
May 22, 2020
Acorns to Offer Custodial Accounts for Children
The accounts can be set up to invest in tax-advantaged 529 plans reserved for education expenses.
May 20, 2020
Half of U.S. Households Hurting Financially
Households across all income levels experienced layoffs or furloughs, reductions in pay or cut to their hours.
April 29, 2020
Some Key New Deadlines for FAs and Clients
Federal agencies that govern financial advisors and their clients, as well as the profession’s certifying organizations, have shown some flexibility with deadlines in the wake of the Covid-19 pandemic.