Retirement

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.

What the next generation of tech innovation means for planners.

Many millennials find it difficult to think beyond their student debt, which averages $32,731 with an average monthly payment of $393, according to the Federal Reserve.

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.

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There’s a powerful source of income hiding in your client’s home.

Advisors should not overlook client savings accounts as idle funds.

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

Be aware of changes to retirement savings plans and alimony. Here’s what clients and advisors need to know.

The right strategy can help minimize their future estate taxes.

Fixed indexed annuities guarantees minimal investment returns amid a down market, but investing in them still carries some risk.

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.

Relying too much on tax-loss harvesting to generate an income is a common mistake that clients should avoid after they retire.

A relatively new approach for measuring savers’ progress toward goals is gaining steam, but it’s not without its imperfections.

Retirees should take advantage of their flexible schedule, which allows them to go on vacation during off season to save on costs.

Retirees who have reached the age of 70 1/2 should take required minimum distributions from tax-deferred accounts, while those who are younger should draw from their taxable accounts.

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.