Andrew Shilling

Even some of the industry’s cheapest products “may be overpriced” in that they’re “mirroring a passive index,” an expert says.

The rule change is designed to have an impact in the fight against COVID-19 and applies only to donations made to charitable organizations, an expert says.

“Concerns over the program's ability to pay promised benefits have been around for a long while, but they're heightened,” an expert says.

Many of the executives selected this year say the industry’s future may lie in its sudden change to a fully virtual business model.

Despite the July 15 deadline extension as a result of the coronavirus, some taxpayers are advised to file early.

Analysis of their performance — and fees — may reveal some surprises.

The percentage of workers who say they are ready to retire has dropped by more than 5% in last month, a survey found.

The holdings in these top-performers “are companies that will be replaced, from a performance standpoint, over the next decade,” an expert says.

Clients may consider rebalancing their portfolio more often to address asset allocation shifts as a result of the downturn.

“These funds got an assist from the Fed when they were told they would backstop the higher end of the high-yield credit industry,” an expert says.

Gauging any possible changes to their health insurance coverage is just one consideration they must address before they retire.

“People are just saying, ‘Why should I pay for an active manager when most of them lose to the benchmark anyway?’ This is a big deal,” an expert says.

For starters, they can use the windfall to pay off debt, shore up their HSAs and build a cash reserve.

“I do believe that clients sometimes get too caught up in expense ratios,” an expert says.

“This market environment is a very good one for investors to do a self-awareness check,” an expert says.

Cash-strapped taxpayers may consider waiting until the new deadline to pay or to request a payment plan to buy more time to settle their tax bill.

“Ideally, you would like clients to try not to make really short-term decisions, however this is an unprecedented situation,” an expert says.

The funds are also some of the lowest-duration products in the market.

A revocable living trust is one way to reduce their estate taxes, however the law requires clients to sign the document in the presence of the notary.

“Recent further Fed action from COVID-19 seems to put another layer on a near-40-year bond bull market,” an expert says.