Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Godfather of Auto-Enrollment Defends Cutting 401(k) Limits
By Nick ThorntonNobel laureate Richard Thaler has staked out an unpopular position on whether Congress should limit pretax contributions to 401(k)s as a part of tax reform.
October 30, 2017
Stocks Aren’t Spooky, but Expect More Volatility: SchwabSchwabs Liz Ann Sonders, Jeffrey Kleintop and Brad Sorensen believe the bull market will continue and suggest investors remain at their target allocations.
October 27, 2017
That 401(k) Tax Break Shouldn’t Be SacredThe "use tax deductions to get Americans to save for retirement" approach doesn't seem to be doing its job.
October 26, 2017
House Adopts Budget Setting Up Tax Bill Release Next WeekThe vote allows Congress to enact tax cuts later that increase the federal deficit by up to $1.5 trillion over 10 years.
October 25, 2017
10 Least Tax-Friendly States in US: 2017Since each state has its own rules on what gets taxed, at which rate and when, there's a lot of variation across the country.
October 25, 2017
GOP’s Chief Tax Writer Expects Deal on State, Local Tax BreakAsked about Trumps tweet promising to keep 401(k)s unchanged, Rep. Kevin Brady said Republicans were "exploring a number of ideas."
October 24, 2017
Muddled White House Tax Message Clouds Pitch for Trump PlanMnuchin admits that the beneficiaries of estate tax elimination would be wealthy.
October 24, 2017
The Right Time to Rebalance — and Give to CharityDonating to charity can absorb the tax blow from rebalancing a taxable account, and now is a great time to do it.