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…
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…
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).…
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…
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,…
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…
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…
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…