The Financial Industry Regulatory Authority has clarified its position on advisors taking small-business loans as part of the COVID-19 stimulus package. On Monday, the regulator said advisors will not have to
As the Treasury Department launched Friday its relief loan program for small businesses being hurt by the COVID-19 pandemic, advisors say they are hitting hurdles with large banks and have questions about
The Federal Reserve cut its benchmark interest rate late Sunday by a full percentage point to almost zero and pledged a return to quantitative easing via the purchase of at
A solid percentage of people are avoiding these uncomfortable topics, a TD Ameritrade survey finds. Americans are living longer, with major ramifications for estate planning. Researchers at TD Ameritrade wondered
In his 1998 book “The Prosperous Retirement,” Michael Stein wrote that as people begin to age and become less active, they scale back their discretionary spending. It is a key
The combination of different income types in retirement can create some really ugly distortions in tax rates. If you’re an advisor who has done Social Security planning, I’m sure you’ve
This may be a good day to do your own personal performance review. As the year begins, we are reminded of the many excitements that the new year brings —
The beach and the ski slopes beckon, but this may be the time when clients most want to hear from you. Everyone wants to kick back in December. Lots of
The Internal Revenue Service today announced that it will make small cuts in employers’ Affordable Care Act (ACA) coverage reporting requirements for 2019, and big cuts insurers’ coverage reporting requirements.
In guidance released Wednesday, the Internal Revenue Service said employees in 401(k) plans would be able to contribute as much as $19,500 in 2020. Participants in 401(k), 403(b), most 457 plans and
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