Single Premium Whole Life Gives Estate Planning an Edge
For the right clients, this product may provide the gateway for achieving not just retirement planning but all their planning goals.
New Social Security Rules: How to Maximize Benefits
While many old Social Security claiming strategies have been eliminated, action can still be taken to obtain the highest possible benefits.
New Regs Encourage Split Annuity Pension Option
IRS rules change the traditional decision-making process for clients on whether to accept a lump sum from a pension plan or an annuity.
For Late IRA Rollovers, IRS Offers a Get-Out-of-Jail-Free Card
Missing the 60-day rollover deadline for transfers between retirement accounts can cause problems, but the IRS has granted relief with a new self-certification process.
Small Business Self-Funded Health Insurance Surges
For the right firm, the self-funding healthcare option can help employers mitigate the risk of rising premiums while continuing to assist employees with health coverage.
Cash Balance Plans Supersize Small Business Retirement Savings
Hybrid cash balance plans can provide small businesses with an opportunity to more than quadruple annual retirement savings.
Dodging a Pro-Rata Tax Debacle on IRA Transactions
Ignoring the pro-rata rule on retirement plan distributions can turn a nontaxable transaction into one that generates a big tax bill.
DOL Fiduciary: Outsourcing Offers Small Firms a Lifeboat
The primary focus for smaller plan sponsors looking to comply with the DOL fiduciary rule will likely be on mitigating risks through outsourcing.
New IRS QTIP Rules Increase Estate Tax Portability Benefits
Newly released guidance allows a powerful planning strategy that can be used by wealthy clients to maximize a deceased spouse’s federal estate tax exemption.
Annuities in 401(k) Plans Could Benefit From GAO Report
A Government Accountability Office recommendation may allay plan sponsors’ fears of liability if they offer annuities in 401(k)s.