IRAs

Clients should refrain from cosigning their child's student loan, as Social Security could garnish their retirement benefits if the child defaults on the loan payments.

If clients miss an RMD, they will be subject to a penalty equal to half the amount they should have taken, and they'll still owe ordinary income taxes on distributions.

Personal exemptions may be lost but households can expect higher savings from the child tax credit, an advisor says.

When giving cash gifts to grandchildren this holiday season, clients have options that can also help minimize their estate taxes in the future.

Clients ask: "Will I run out of money?" Here’s how planners can confidently tell them "no." Like every approach, however, there are a few drawbacks.

Investors are advised to do a Roth conversion before year-end to make the most of the federal tax deduction for state and local income taxes, which could disappear next year.

With the right steps, clients can reduce their tax liability, as well as new sources of retirement income with different tax treatments,

Many deductions are likely to disappear if Congress passes the reform bill into law.

A recent report provides insights into the regulator's concerns, that include cybersecurity, anti-money laundering and alternative investments.

Advisors should contact every client who did a Roth conversion in 2017 to discuss a key change in tax regulations, Ed Slott says.