Combine ILITs With IRA Trusts to Maximize Inherited IRA Benefits
Estate planning for IRA assets can be complicated. An irrevocable life insurance trust with an IRA trust can provide a solution.
SaveDay to Launch Robo-401(k) for Small Businesses
A new robo-401(k) that targets small-business owners hit the market in February.
How Advisors Can Help the Community, Boost Their Business
At TD Ameritrade’s National LINC conference in Orlando, attendees discussed ways they were positively interacting with their communities and the benefits to their businesses.
Schwab, Fidelity Report Record Donor-Advised Fund Giving in 2015
In a sign of the times, Fidelity DAFs now accept contributions in bitcoin.
Charitable Giving Will Grow in 2016 and 2017: Report
The nonprofit sector in the U.S., and in particular education, can look forward to growth in giving this year and next, a study finds.
Tax Law Changes Affecting Your Clients
Congress extended some tax breaks and made others permanent; here are the ones that might benefit individual clients.
Oops: IRS Wrongly Gave Tax-Exempt Status to Many EZ Filers
A Taxpayer Advocate study found that 37% of 501(c)(3) groups that had filed the shortened IRS form didn't satisfy the required organizational test.
What Clients Need and What Advisors Aren’t Doing: Liz Davidson
The Financial Finesse founder offered ThinkAdvisor some pointers on how advisors can attract and retain clients and where she thinks the business is heading.
Critics Blast IRS Plan to Collect Donors’ Personal Data
The proposal would help substantiate donations for tax purposes, but nonprofits worry it could deter donors and risk identity theft.
Trustees at $2 Billion 401(k) Charged With Self-Dealing, Excessive Fees
A court case alleges trustees to Insperity 401(k) plan allowed excessively high recordkeeping costs, amounting to self-dealing by plan fiduciaries.