Client strategies

There are appealing methods to shift investments “upstream” to aging parents or “downstream” to grown children.

Equities have rallied more than 20% from March lows, but remain well below 2020 highs.

Under the new act, some can take out as much as $100,000 from retirement plans early without penalty.

Recipients of Social Security benefits, as well as railroad retirement and veterans benefits recipients, will need to act fast.

There’s more money at stake when executing trades in current market uncertainty.

A rule designed to prevent simple deduction abuses brings significant complexity to planning.

The IRS now says some unwanted RMDs can be undone, eliminating the tax bill

As clients expect more from their planners, companies that service advisors are doing what they can to help. A little Tiger King doesn’t hurt, either.

As financial professionals we are not immune to anxiety — we are just informed and that’s a value-add for clients.

These direct payments are intended to provide direct assistance to American taxpayers who have lost wages, jobs or opportunities because of COVID-19. But there is some fine print.