With private pensions disappearing and a housing crash, now is not the time to cut Social Security. Instead, the program should be doubled, with increased payouts to retirees. How would that be done? By eliminating or reducing some tax deductions and lifting the Social Security payroll cap that favors the wealthy.
Also, RIA in a Box introduces a cybersecurity platform for advisors.
The bill helps small businesses offer retirement plans, boosts annuities and raises the RMD age; the Consumers First Act is also on the docket.
“Advisors may be slow to recognize an important investment trend” thanks in part to an information gap, Natixis reports.
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