He waited 5 years to inherit his late dad’s 401(k) — now he’s being told a $30,000 tax bill threatens to eat his legacy
After nearly five years of waiting, Dan is finally on the verge of receiving his late father’s 401(k).…
Envestnet To Launch Platform Aimed at Speeding Client Prep
Envestnet is preparing to launch a new artificial-intelligence-driven platform to help speed client preparation and presentation for advisors,…
The Guardian view on saving for old age: alarming shortfalls set the scene for a pensions overhaul | Editorial
Recommendations from the government-backed Pensions Commission are not due until next year. But its interim warning that at…
A 67-Year-Old Single Retiree With $920,000 Can Stretch It to Age 95 If the COLA Holds Above 2 Percent
© LightField Studios / Shutterstock.com A 67-year-old retiree with $920,000 in savings and a $2,800 monthly Social Security…
Stifel Settles Structured Notes Dispute
Stifel Financial has reached a confidential agreement to settle with investors who won a Financial Industry Regulatory Authority…
Moment Raises $78 Million to Meld AI and Wealth Management
Investment management-focused AI startup Moment has raised $78 million in new funding. The company’s Series C round, announced Tuesday (May 19), comes…
FINRA Launches Review of Higher-Risk Structured Products
The Financial Industry Regulatory Authority is launching a review of how firms handle higher-risk structured products, including “worst-of”…
Infrastructure Decides Who Wins in Alternative Investments
Alternative investments are no longer a niche allocation reserved for ultra-high-net-worth investors and institutions. Capital from mass affluent…
A 71-Year-Old Widower Discovers a Single Decision About His Late Wife’s $890,000 IRA Could Cost Him $54,000 in 2026 Taxes Alone
Quick Read A 71-year-old widower inheriting a $890,000 traditional IRA can avoid a $54,000 federal tax hit and…
My parents are in their early 60s with no savings, a mortgage, and $2,400 in Social Security – where can they afford to live?
A Reddit poster recently turned to the Internet to get some advice about his mom and dad. The…
I’m 55 and Ready to Retire: What Happens to My 401(k)?
The retirement journey is a long-term process. You have to save for many years before reaching your retirement…
Diversification as Doctrine: Why Removing Single Points of Failure Is Now the Central Brief for Wealth Managers
In an era of geopolitical unpredictability and rapidly shifting capital flows, the concept of diversification is being stretched…