Personal financial planning news and resources

TOPICS

July 1, 2018

Fewer Americans delaying life events for financial reasons

And fewer are improving their financial habits.

July 1, 2018

Americans’ financial satisfaction hits high mark

Job openings and personal taxes countered volatility.

June 13, 2018

What clients need to know about Social Security

Ted Sarenski, CPA/PFS, discusses 2018 changes to Social Security and much more, including claiming strategies, spousal benefits, and what might happen to the program in the future.

June 12, 2018

Planning ideas from Form 1040 (and beyond)

Learn about a few of the many valuable planning opportunities you can uncover when reviewing a client’s tax forms.

June 4, 2018

Tools and tactics for teaching kids about money

This column offers tips geared toward children ages 7 to 12.

May 15, 2018

Fewer Americans delaying life events for financial reasons

Just 35% of Americans said they had delayed a major life event for financial reasons, compared with 51% in 2015, according to an AICPA survey.

May 7, 2018

How CPAs can help prevent elder fraud

CPAs who work with seniors offer advice on how to keep older clients from falling prey to fraud.

May 7, 2018

Future-proof your tax practice by adding planning services

Consumers are seeking a primary point of contact to address the full scope of their financial needs.

May 1, 2018

Cash-flow-based software not always better

A reader questions the long-term effectiveness of this software for retirement planning.

April 26, 2018

Americans’ financial satisfaction hits high mark

Despite recent stock market volatility, the AICPA’s Personal Financial Satisfaction Index (PFSi) reached a record high in the first quarter of 2018.

April 19, 2018

The ideal time to review your finances

Having too large a tax refund, or having to pay too much in taxes, can be a sign that your financial plan needs revising.

April 16, 2018

Add value with planning advisory services

CPA financial planners share questions their clients commonly ask and how they address them.

April 3, 2018

How consumers are changing their behavior to combat ID theft

Four of out five respondents say they’ve changed their behavior in response to the threat of cyberbreaches affecting credit card and debit card processing systems.

April 2, 2018

Talk to your tax clients now about charitable giving

Without guidance, clients can end up giving to charity in ways that aren’t tax-efficient.

April 2, 2018

How to help clients rebound from a natural disaster

CPAs share tips on how to provide clients with the emotional support and financial know-how.

March 19, 2018

High-deductible Medigap plan makes sense for some

Medigap High-F provides the same coverage as Medigap F but has much lower premiums.

March 1, 2018

Divorce traps: Portfolios harboring unrealized gains

In a divorce, asset types matter tremendously, and small details can skew a distribution that looks fair based on the numbers alone.

March 1, 2018

How 65 became the default retirement age

For decades, 65 has been the goalpost most everyone in the labor force worked toward for retirement. But why 65?

March 1, 2018

Clients are living longer: How will your practice adapt?

With the over-100 population swelling in the United States, CPA financial planners need to focus on guiding clients toward a longer retirement.

February 28, 2018

How the new tax law will change wealthy Americans’ financial plans

Three in five affluent Americans (63%) said they’re very or somewhat likely to change their personal financial plans based on the new federal tax law, according to a poll conducted on behalf of the AICPA.