Is conventional financial planning good for your financial health? Before you automatically respond, Yes, of course it is, and angrily turn the page, seriously consider that provocative question for a moment. That was the name of a study published...
When 401(k) plans appeared in the 1980s, some Wall Street observers hailed the accounts as an innovative step in the evolution of capitalism: opening the capital markets to the small saver. Blue-collar workers could now buy and sell stocks and...
Long-term care is not an easy thing to talk about with aging clients. In fact, most folks would rather contemplate their deaths than illness or infirmity in old age. But just because they don't want to talk about long-term care doesn't mean your...
Moshe Milevsky, professor of Finance at York University Canada, is a widely recognized innovator in the field of retirement-income planning, insurance and pensions. Milevsky has been instrumental in developing the personal longevity insurance...
The next time one of your clients is passing out cigars to celebrate the birth of a baby, tell him that if he wants to educate that bouncing bundle of
Tis the season for giving and receiving, as well as for high-pressure television ads that force you to search frantically for the button on the remote control. But sometimes, paying attention to those special offers available for a limited time...
The next time one of your clients is passing out cigars to celebrate the birth of a baby, tell him that if he wants to educate that bouncing bundle of joy at an in-state public school, he should begin saving at least $300 per month right away. And...
Estate planners need to identify Internal Revenue Code Section 409A issues when advising executives and professionals who participate in nonqualified deferred compensation plans. The final regulations' effective date Jan. 1, 2008 is fast...
Retirement benefits present unique challenges to the fiduciary of a decedent's estate. In fact, an executor may have to grapple with three scenarios in the context of a decedent's individual retirement account (IRA) or other retirement plan: (1)...