Editorial Staff

Here’s how receiving investments on a stepped-up cost basis can save a client’s inheritance.

Although traditional IRAs offer upfront tax deductions, clients will have to pay taxes later in life when they likely will be in a higher tax bracket.

Data reported by the Investment Company Institute.

July 10: U.S. Trust’s Scott Reeves has faced skepticism about his firm’s strategy. He welcomes the chance to challenge any misconceptions.

High-earning seniors are advised to carefully plan when they file for Social Security benefits.

While retirees can start taking 401(k) withdrawals without penalties when they turn 59 1/2, they may want to consider drawing from their taxable accounts for their living expenses.

A majority of advisers (60%) want to diversify using the same investment vehicles regardless of market conditions, yet 27% say today's market makes diversification harder with current asset allocation.

The average score of correct answers was 47%, and only 5% of respondents earned a grade higher than C.

Married couples should account for the impact of death on the surviving spouse, and factor in the hefty cost of health care.

Lawmakers are considering scrapping individual deductions, including tax breaks for certain plan contributions.