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…
Bill Ackman, Charles Schwab back campaign touting Trump’s American Dream Accounts
WASHINGTON — An initiative backed by billionaires Bill Ackman and Charles Schwab is launching a six-figure advertising campaign…
Social Security recipients could receive a large COLA adjustment, forecasters say. Here’s how they can earn 4% on their money now.
Social Security recipients may get a big COLA adjustment at the end of the year, but they don’t…
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…
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…
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,…
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).…
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…
Clark Howard Says Skip the Backdoor Roth IRA: Here’s the Math for High Earners
Quick Read Clark Howard, the consumer advocate behind The Clark Howard Show, has told high-earning listeners to think…