Health and wellness

How they’re hiring, striving and even thriving under new conditions.

In a still male-dominated industry, does the network help attract and keep more women at the firm? CEO Shirl Penney says yes and has the results to prove it.

The majority of U.S. workers do not have enough savings to help them in the event of a medical emergency and often turn to their retirement funds for help.

Now is not the time to disconnect from supportive networks of other advisors.

For starters, they can use the windfall to pay off debt, shore up their HSAs and build a cash reserve.

From Roth conversions to QHFDs: The coronavirus pandemic is forcing difficult questions, and clients rightfully are looking for answers that advisors are uniquely suited to provide.

Many advisors can make the switch from a traditional office to one right down the hallway — but it comes with its own set of ground rules.

Finding the right collaborator changed my life.

Aside from refinancing, retirees are advised to consider downsizing their homes to reduce overall spending.

Some tax credits are refundable, meaning they can get a refund in case the credits exceed their actual tax liability.

Aside from income taxes, retirees will also pay consumer taxes and may face a 3.8% Medicare surtax.

“The advice I give is to calculate the financial impact for each option,” an expert says.

The HSA has become increasingly valuable for future medical expenses, "and the triple tax benefit simply can’t be ignored,” an expert says.

Fear and worry are rampant. One client asked if any other client had recently returned from China.

Clients can void overspending by seeking out sales and discounts to lower their food and entertainment costs.

While it’s recommended they have at least three sources when they retire, just 6.8% of savers have done so, according to a report.

A recent study found American workers would face better retirement prospects if the federal government adopts certain public policy changes.

Failing to pay taxes on side-gig earnings and keeping faulty records of business-related expenses must avoided to prevent an excessive tax burden.

The accounts will be managed through Wealthscape, allowing advisers access to their client’s finances to help manage rising healthcare costs.

Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.