With different tax rules and penalties for forgotten distributions, it’s important to review retirement accounts before the end of the year.
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Wealth Management Spotlight:
Intergenerational Wealth Transfer
The two party's presidential nominees in the 2016 U.S. election have very different views on tax reform.
A proposal from the Internal Revenue Service (IRS) would change the way family-owned businesses are valued for family business transfers.
The DOL’s fiduciary rule will affect the advice industry in 2017 and how advice experts prepare for that change could make a difference in their business.
A Roth IRA conversion has a special provision that allows investors to undo the action. The deadline to reverse the action for 2015 tax year is approaching.
It's not uncommon to see parents of retirement age with young children at home. In these families, children may be eligible for Social Security benefits.
Rollovers are a leading driver of IRA assets and the DOL fiduciary rule will introduce new requirements for transactions involving IRAs next year.
Grandparents seeking to help grandchildren with college costs may contribute in several ways, with different types of accounts and benefits.
Non-tuition college expenses make up a significant portion of the price of going to college, but you may need to research to calculate the true costs.
Parents may face challenges trying to help their child in an emergency at college if they do not have a health-care proxy or power of attorney.