Treasury’s Crime Unit Floats New Customer ID Rules for BDs, Mutual Funds
Meanwhile, FinCEN continues to work with the SEC on anti-money laundering rules for advisors.
Motif Investing Targets Corporate Inversions
The recently launched Tax Inversion Targets motif is a 25-stock tradable index of potential tax-inversion targets domiciled in tax havens.
Is Warren Buffett a Hypocrite on Taxes?
Hold the pickles, hold the lettuce, special tax deals don’t upset Warren Buffett, who's having it his way with the Burger King tax inversion.
Does Treasury See Market Crisis Ahead?
Minutes of an obscure Treasury committee discuss plans to raise cash in the short term, but also note a severe cash crunch in two years.
Treasury Clears Way for Longevity Annuities in 401(k)s, IRAs
The Treasury Department and the Internal Revenue Service issued final rules on July 1 to make longevity annuities—which provide regular payments that begin at an advanced age and continue throughout the individual's life—accessible to the 401(k) and IRA markets.
Best & Worst U.S. Companies for 401(k) Benefits
Bloomberg ranked the 250 biggest companies in the U.S. on who offers the most generous 401(k) matches.
5 Longevity Annuity Questions and Answers
QLACs are a complicated mash-up of IRA and annuity rules, and clients may need substantial help in understanding their key provisions.
SEC Names Flannery Chief Economist
The SEC said Monday that Mark Flannery will become the agency’s new chief economist and director of its Division of Economic and Risk Analysis.
Treasury’s Final Longevity Annuity Regulations May Spark Growth
In its new QLAC regulations, the Treasury Department has quietly left open the door for variable and indexed annuities to enter the market.
79% of Expats Considering Giving Up U.S. Citizenship: Law Firm
Almost 80% of Americans living abroad are considering relinquishing their U.S. citizenship to escape the consequences of FATCA, according to deVere Group.