Morningstar

High-deductible plans open the door to tax breaks for high-income investors, an expert says.

In a little-noticed rule change, mutual funds no longer disclose their shrinking BD commission load-sharing payments.

“Not every muni is trying to achieve the same thing,” an expert says.

“The combination of low rates, curbs on state and local tax deductions, and consistent economic expansion have been a nice tailwind,” an analyst says.

At more than twice the price of the average fund, many with the even biggest gains still underperformed the broader market over the last decade.

Deviation from the broader market has left more than half of these products with losses during a time the Dow and S&P 500 each posted double-digit gains.

At 84 basis points, the average expense ratio is over 40 basis points pricier than what investors paid on average last year.

Narrowly focused investment strategies are a recipe for “feast or famine,” an analyst says.

When pitted against the broader market, the top 20 outperformed both the Dow and S&P 500 by more than 5 percentage points.

Clients are advised to consider delaying their Social Security benefits, as up to 85% will be subject to income taxes, an expert says.