CPA financial planners report that their clients’ greatest fear about retirement is running out of money, an AICPA survey finds.
Today senior citizens can choose from a variety of living arrangements.
Student loan arrangements can have unforeseen, long-lasting implications for a family’s financial future.
With thoughtful planning, the shift into retirement can be relatively smooth and even exciting.
These versatile accounts belong in every adviser’s retirement strategy toolkit.
When clients wait too long to plan, they can find themselves scrambling to pay unexpected bills.
Transfers under a subcontracting agreement to a C corporation held by a taxpayer's Roth IRA were excess contributions to the IRA.
Channeling money into a retirement fund in your 20s and 30s can pay big dividends when it’s time to stop working. But a new AICPA poll finds student loan debt is increasingly weighing on adults in the United States.
As the many Baby Boomers who own family businesses contemplate retirement, CPA advisers will increasingly be called upon to help them craft exit strategies.
The latest federal budget law restricts the use of the file-and-suspend and lump-sum options.
The popular “file and suspend” Social Security planning technique is going away.
The government promotes new low-risk Roth IRA accounts for people lacking other retirement savings options.
Exceptions to the 10% tax for early withdrawals from retirement plans help clients save more for retirement while giving them access to much-needed cash for expenses such as home purchases, medical bills, college tuition, and others.
CPAs can help seniors avoid expensive penalties and coverage gaps by giving timely advice on the government health plan’s enrollment periods.
Premium hikes will be much smaller than anticipated thanks to a new law.
Underestimating certain key factors in financial planning can leave retirees in difficult circumstances at a time that is supposed to be their golden years.
To make sure you and your clients are on the same wavelength, start by getting a comprehensive look at their retirement goals and plans.
Treasury said eligible individuals nationwide may now open a new retirement account for people with earned income who may lack access to an employer-sponsored retirement plan.
If patients don’t fully understand the cost of their treatments, or if they assume their insurance plan will take care of them, they can be hit with expensive surprises.
Discover strategies your firm can use to cope with aging clients, higher health care costs, and the threat of robo-advisers.