Life insurance

Companies that connect advisors and carriers are seeing a surge in use.

Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.

The rule change is designed to have an impact in the fight against COVID-19 and applies only to donations made to charitable organizations, an expert says.

Advisors can protect clients’ estate planning goals post-Secure Act but the vehicle will have to change.

The Secure Act was designed to expand retirement savers’ options but it has subsequently all-but-eliminated the stretch IRA for beneficiaries. It's on advisors to make clients aware of the major change.

In one case, a 6-year-old owed $7,000 in federal taxes two years after his father, a U.S. Navy senior chief petty officer, died of a heart attack.

There are a lot of options — and potential missteps.

The law now creates a different method of caring for relatives while preserving the family’s financial plan, a John Hancock associate counsel writes.

The cost of Wells Fargo's scandals continues to rise as regulators from all 50 states forced the institution to pay hundreds of millions in penalties for the creation of fake accounts, improper enrollment in life insurance, force-placed auto insurance policies and other activities.

The regulator proposed a "clear and concise" summary for clients considering the products, but the impact appears limited.

Those concerned about financial shortfalls in old age may want to consider selling their whole life policy. Here's how advisors can help.

High-net-worth clients can bump into income limits when it comes to making Roth IRA contributions, but they can find other tax-saving strategies to save for retirement.

Many older Americans are now facing hefty life insurance premiums due to dwindling interest rates. Many seniors are sitting on a "ticking time bomb."

Advisors to the ultra-rich are upgrading strategies for wealth transfer and philanthropic planning.

While proceeds from life insurance are not subject to income tax, there are other taxes that will apply. But there are steps to take to avoid those liabilities too.

Rents have increased an average of 3% annually over the 14-year time period of the study, while incomes have declined .1% annually.

Medicare premiums will increase for high-income retirees because of the change in the income brackets that will serve as basis for determining these premiums for their Part B and Part D coverage.

Compliance expert Alan J. Foxman explains why a 1035 exchange might trigger increased scrutiny.

Advisors and their clients may not yet realize how much the new regulations dramatically change their strategies.

Seniors are less likely to itemize tax deductions this year as a result, an expert says.