Beware the Working Retirement Tax Penalty
The question of how income from working in retirement affects the taxes of clients who are also claiming Social Security benefits is a tricky one.
On Medicaid-Compliant Annuities, How to Stay Within the Lines
When a married client requires long-term care, the healthy spouse will worry how to pay for that care and her own living expenses.
Don’t Settle for Less: Key Steps to Maximize HSA Growth Potential
When it comes to managing an HSA, the investment advantages can be stretched much further than the triple tax savings already offered.
Income Riders Offer Post-Fiduciary Rule Save for Annuities
Many advisors may find themselves offering fixed annuities so as not to trigger the fiduciary rule, but new income riders may change the game.
Are IOVAs the Future of Variable Annuities?
While VA sales have slumped, one type attracts clients who are set on increasing tax-deferred savings in pre-retirement years.
For Estate Planning, Don’t Overlook Late Portability Elections
Fortunately, the IRS has provided relief for certain clients who have failed to make a timely portability election.
Despite DOL Fiduciary Suspension, Merrill, Morgan Stanley Roll Out Products
Despite the delayed applicability of the DOL fiduciary rule ordered by President Trump, advisors are providing guidance to small-business owners looking to offer 401(k)s.
Clients Regret Their Irrevocable Trusts? Try the ‘Decanting’ Solution
For clients who regret establishing irrevocable trusts, many states now allow modifications to those trusts.
The Surprise Tax Hit for Post-Medicare HSA Contributions
Many clients are unaware of the complications that arise with respect to HSAs once they become eligible for Medicare, and penalties can be steep.
Estate Planning: The Family Limited Partnership Strategy
A recent Tax Court ruling provides valuable lessons in how HNW clients can use this strategy to minimize transfer taxes, legally.