Faced with gyrating markets, many retirees worry about exhausting their savings. To calm nerves, some clients may insist on reducing their spending. But if withdrawal plans have been carefully designed, advisors have little reason to make major...
All eyes are on the stock market's gyrations and its impact on retirement plans. Bear markets are a vexing problem for retirees, of course, but that's not the real issue. The coming retirement crisis is worse than a simple bear market cycle. Just...
For many clients, retirement benefits are their largest asset. For others, they are important even if not determinative. For all, the rules governing retirement benefits are complicated. There's also a potential for tension between income tax...
A recent webcast in which a veteran Internal Revenue Service representative participated provided insight into issues in spousal rollovers, income in respect of a decedent (IRD), designated beneficiaries, reformation and non-spousal rollovers...
Wealthy clients often ask advisors whether they should use their individual retirement accounts for unconventional investments. And now that the equity and debt markets have experienced significant volatility, clients may be even more interested...
When a retirement plan participant dies, the Internal Revenue Code's minimum distribution rules generally require that the plan benefits be distributed in annual installments over the life expectancy of the participant's designated beneficiary.1...
Formal, public recognition of donors large and small has long been a no-cost way for charities to say “thank you” to those who provide financial support to a particular cause.
Scott Burns has spent decades trying to figure out how people can retire comfortably and yet sacrifice as little as possible pre-retirement. Which is ironic since Burns, at the age of 67, appears to have no interest in filling his Golden Years...
