Tax planning

Instead of making quarterly tax payments, retirees have the option of having the payments withheld from their Social Security and pension benefits.

In some cases, amassing a large IRA can have unforeseen negative consequences, including higher Medicare costs. Here’s how Roth conversions and other strategies can help.

Certain clients will have to take a taxable distribution from the account every year.

2017 was a banner year for RIAs, but marketing, hiring and operations are seen as key to future growth, according to a Schwab study.

Owning a home offers some benefits, such as the option for a reverse mortgage and certain tax breaks, but are they enough to offset the burdens involved?

Passive income held offshore may benefit from an arcane provision signed into law by President John F. Kennedy.

Clients must still account for gains not incurred through a sale or cash distribution.

Clients may be compelled to sell their shares as nearly 90% of the products have experienced losses this year.

Much of the latest guidance about setting up trusts is overly simplistic and can do a disservice to clients.

Although the rules have become more lenient, high-income clients must not be complacent.

Debt among 65-year-olds has increased by 48% between 2003 and 2015, according to research by the Federal Reserve Bank of New York.

At least $20 trillion of new financial wealth will be created over the next five years.

Salary-reduction arrangements can exclude up to $520 each month from a client’s taxable income to cover these expenses.

Since the bottom of the housing market in 2012, home prices have increased 75% but wages have only increased 13%.

After the Fed raised rates, many market participants with fixed-income-heavy investment mixes are wondering what a period of rising interest rates could mean for their portfolios.

Municipal bonds can be a more lucrative option for some retirement savers than comparable, higher-yielding bonds.

Many U.S. expats don’t feel they should have to pay U.S. taxes while living abroad — but do they know where it’s not required?

The Tax Court rules that creditors must have hard evidence that an obligation is uncollectable before they deduct it.

Contrary to what many people think, Social Security will continue to pay benefit payouts to future retirees even after the program exhausts its trust funds by 2034, says expert.

Keeping brokers and advisors on a separate regulatory track could preserve the “competitive advantage” that RIAs enjoy, says Schwab exec.