When Surrender Leads to Success
In June, the U.S. Tax Court concluded that the owner of a private placement life insurance policy retained sufficient control over the assets in the account to be treated as the owner for federal income tax purposes.
The prevailing tack for selling annuities is the same type of shifty pitch on which every Ponzi scheme is premised, according to top money manager Ken Fisher.
Blowing Hot and Cold on Climate Change
Delegates from the United Nations gathered in Paris in December to discuss ways to limit global warming to less than 2 C (3.6 F).
Top Portfolio Products: John Hancock Adds 401(k)s to Its App
Also released recently: A dental plan for individuals that looks a lot like an employer-sponsored group dental plan.
Giving Back Has Made This 41-Year-Old Billionaire Less Popular
After making $4 billion, ex-Centaurus Advisors manager John Arnold closed his fund, grew a beard and started a foundation. So why do people dislike him?
The Costs and Benefits of LTC Hybrids
The market for “hybrid” long-term care insurance products has been flooded as premium costs have soared.
Dangers of De-risking Portfolios in Retirement: FinaMetrica’s Resnik
Paul Resnik shows that there are good arguments for actually increasing equity asset exposure around retirement, but Michael Kitces is skeptical.
Despite Bull Market, Americans Still Lack Financial Confidence
Americans are feeling less confident about their financial situation, with Social Security the top worry, according to Hearts & Wallets.
How Health Care Will Crush the 80% Income Replacement Idea in Retirement
Retirees planning to replace 80% to 85% of their income may fall short once health care is factored in, HealthView Services warns.
10 Most Tax-Friendly States for Retirement
Making retirement savings last may be easier in these 10 tax-friendly states, according to Kiplinger.