IRS Grants Reprieve for Late Portability Elections
The IRS has provided a limited reprieve for clients who didn't take advantage of the portability of a first-to-die spouse’s unused estate tax exemption.
Warning on IRA Rollovers: Regulators to Scrutinize Suitability
Stay on your toes, advisors: the SEC and FINRA have issued warnings to those who advise clients looking to roll workplace 401(k)s into private IRAs.
From Niche to Client Opportunity: Secondary Market Annuities
Once the province only of institutions, factored structured settlements can now be bought by individuals to provide income.
How a Counterintuitive Social Security Strategy Can Fund an Early Retirement
Going against the grain and claiming benefits early can actually help clients make the most of their traditional retirement savings accounts.
ESOPs: A Tax-Advantaged Business Succession Plan
Employee stock ownership plans can serve a number of purposes for your small-business clients, including a solution for how to exit the business upon retirement.
Interest Rate Appeal: Market Value Adjusted Annuities Surge
Annuities with market value adjustment features may be the next hot product for clients looking to beat the return on other conservative investment products.
Now Entering the Retirement Income Game: Universal Life
Insurers are adding guaranteed income withdrawal riders to their universal life policies. They can be good for clients, but understand the risks and likely premiums.
Keeping Clients From Getting Taxed Twice on Their Retirement Income
Make sure to consider the state tax implications that may arise when clients tap into retirement income from deferred comp plans after they’ve relocated.
IRS Gives High-Income Taxpayers a Break on Tax Loss Treatment
Agency shifts gears on treating losses derived from investment income-producing property.
Act Now on These Expiring Tax Breaks: IRA Charitable Rollovers, Bonus Depreciation
You can’t count on Congress to renew tax provisions set to expire at year-end, so get clients to act now, especially on these two items.