Income Planning

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More 401(k) Plan Sponsors Strive To Keep Client Assets, Cerulli Says

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Sponsors are more inclined to try to keep their account holders from rolling over their plans, the company says.

U.S. Families Find Some Relief As Prices Of Many Household Necessities Retreat

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Prices of groceries dropped for the first time since 2020 and household energy slid by the most in almost nine years.

As Inflation Slows, It Is Time To Reconsider Those I Bonds

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In May, I bonds will begin reverting to a 3.38% inflation-based rate, along with any fixed rate they were issued with.

How To Spare Clients Stress And Taxes Solving The Retirement Mortgage Question

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Financial decisions that seem to make sense in the moment can in the long run cost individuals in both money and stress.

Parents Drain Retirement Funds To Support Adult Children

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Nearly 70% of parents with kids 18 or older say they've sacrificed their own finances to help them.

Wealthy Clients Better Plan For Election-Time Changes To TCJA

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Many provisions are set to expire at the end of 2025, and their extension may depend on the 2024 elections.

As Clients Live Longer, Firms Step Up Efforts Addressing Longevity Risk

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Longevity risk should always be on the back of an advisor's mind when making financial decisions with their clients.

Millennials Ready To Listen To Advisors, Ameriprise Survey Says

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A majority of these young earners expressed optimism about their financial futures.

Fear Of Stock Losses Has Retirement Savers Sticking With Cash

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Millennial workers have a third of their retirement funds in cash, more than any other asset class, a new survey says.

Getting The Highest Social Security Benefit Is More Crucial Than Ever

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A new report says the Social Security Trust Fund's ability to pay in full may run out earlier than forecast.

Secure 2.0 Gives Women What They Need, Advisors Say

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New provisions in the act support how women clients live, work and save for retirement, these advisors say.

2022 Was Good For Annuities; 2023 Stands To Be Better

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CFRA Research says annuities have winds at their back from the SECURE Act and interest rates.

Bipartisan Group Of Senators Mulls Raising Social Security Age

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Increasing the retirement age to 70 is one of the proposals being considered by the legislators.

Maximizing Social Security Benefits Under The SECURE 2.0 Act

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Does deferring benefits until age 70 make sense? And how does it affect clients' IRA withdrawals?

Social Security Insolvency Seen Coming A Year Earlier Than Before

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Medicare's hospital insurance trust fund, which helps pay for inpatient hospital care, will be able to pay full benefits until 2031.

Hopes For Bipartisan Social Security Fix Dimmed By Biden-GOP Tensions

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Social Security's trust funds are set to exhaust their reserves by 2035, when today's 54-year-olds reach full retirement.

Women Working With Advisors Have Greater Retirement Confidence, LIMRA Says

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Forty percent of women who work with a financial professional feel very prepared for retirement.

Jackson Revamps Efforts To Aid Women's Retirement Saving

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Jackson National Life is refocusing its “Investing in You Campaign” that targets women looking to plan for their retirement.

How A Florida Retired Broker Scored A $3.4 Million Refund For Muni-Bond Investors

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Larry Wasserman discovered that a key data point known as a factor had been improperly calculated on a bond.

Avoiding Retirement Withdrawal Taxes Can Be Tricky, Advisors Say

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Moving to a tax friendly state is a valid option, but proving state residence is sometimes complicated.

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