Margarida Correia

A health savings account can be used to cover medical bills and can also be a great savings vehicle for retirement.

The rep neglected to tell Wells Fargo that a 97-year-old client had named him as beneficiary and co-executor of her estate.

The new database is a good first step in helping to address gaps in the oversight of advisors, but more needs to be done, say industry observers.

The regulator was looking into customer complaints and arbitration claims that rep engaged in unsuitable trading.

California Credit Union and North Island Federal Credit Union consolidated their investment programs in anticipation of their merger in March.

The senior's investments were overly concentrated with as much as 95% of her portfolio invested at times in oil and gas master limited partnerships.

Clients should learn to reduce their housing, transportation and food costs, cut unnecessary expenses, and develop the habit of packing their lunch to work.

The exec will lead the private banking business across 10 markets.

Clients should search the Department of Labor's Form 5500 filings to get their former employer's contact information.

Ben Ollendick will focus on new business development and lead a team of advisors serving clients with a net worth of more than $75 million.

Clients who intend to name minor children as beneficiaries of their IRAs should take taxes into consideration before making a decision.

The bank completed the acquisition of a local insurance agency without the executive hired to grow the bank's insurance business.

Retirees are often pushed into a different tax bracket with many paying more in retirement than they were while working.

The proposal to limit the 401(k) tax deductions would affect 55 million Americans of all ages and income levels, according to study.

The advisor reportedly sold $48,500 worth of securities in a purported computer products wholesaler without disclosing the transactions to his then employer, J.P. Morgan Securities.

The rep used an unauthorized ATM card to withdraw $1,000 from a bank customer's account, FINRA claimed.

When hit with an increase, clients are urged to pony up but reducing benefits and terminating policies are options too.

The government should promote universal access to retirement savings and give Americans more options for the spend-down phase of retirement, according to the study.

Although retirees need to protect their savings to avoid losing money, extreme aversion to loss could do more harm than good.

The Arizona-based firm serves as a super OSJ, supporting advisors who work for 13 affiliated credit unions as either employees or independent financial advisors.