Tax Court Rules Against Micro-Captive Case Involving Life and Annuity Assets
By Allison BellThe judge put off deciding whether to apply a 40% penalty related to economic substance questions.
August 18, 2025
Edward Jones Plans Home Office Layoffs This MonthThe firm now has about 9,000 home office employees serving its roughly 20,000 financial advisors and their clients.
August 18, 2025
Biden-Era Fiduciary Rule on Hold, AgainThe DOL has requested a third 60-day extension to consider next steps in the consolidated federal court case.
August 18, 2025
Most Workers Fear Social Security Funds Will Run DryThey think Congress should raise the Social Security payroll tax rate or raise the retirement age, a Transamerica report says.
August 18, 2025
BofA’s Hartnett Says Stocks to Falter After Jackson HoleHe reiterated a preference for international equities over U.S. peers, a call that has proved correct this year.
August 18, 2025
Billionaire Family Offices Join Berkshire’s UnitedHealth BetSome of the world’s wealthiest people joined Warren Buffett’s firm in buying shares of the embattled insurer in Q2.
August 18, 2025
Vanguard Plans for Its Most Expensive ETFs YetTwo of the actively managed funds will carry expense ratios of 0.35%-0.40%, according to a spokesperson.
August 17, 2025
23 College Towns Where Buying a Home Is Cheaper Than Campus HousingA Mortgage Research Network analysis finds that homeownership beats the price of room and board at some schools.