Personal financial planning news and resources

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November 1, 2015

ABLE: A tax planning tool for people with disabilities

The new accounts offer valuable tax planning opportunities.

November 1, 2015

Millennial investors more concerned about debt, cyberrisks

Similarities and differences with investors from older generations were revealed in a new survey.

November 1, 2015

Scholarship funds cover conference expenses for emerging financial planner

Jeremy Weaver, CPA/PFS, a financial planner and investment manager with PlanFIRST Inc. in Greenville, S.C., received the 2015 P. Thomas Austin Personal Financial Planning Division Scholarship.

October 30, 2015

SEC adopts crowdfunding rules

The Securities and Exchange Commission adopted rules that will permit companies to offer and sell securities through crowdfunding.

October 12, 2015

Don’t let clients overlook these key estate planning issues

This column can help clients visualize the consequences of not having an up-to-date plan.

October 1, 2015

Benefits of an employee stock ownership plan in succession planning

Practitioners should be aware of the many advantages of using an ESOP when a business owner is near retirement.

September 28, 2015

Don’t let health care costs catch your clients off guard

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.

September 21, 2015

Charitable bailouts can save your C corporation clients big on taxes

This technique can help the donor achieve his or her charitable objectives, avoid capital gains tax, and distribute excess cash that has been accumulated in the corporation tax-free.

September 17, 2015

What are Millennial investors’ priorities?

Millennials have confidence in some of the same areas as investors from other generations. But Millennials also have some different priorities and concerns.

September 10, 2015

College students think they manage money well, but they don’t, survey finds

Students may be overconfident about their ability to manage money, a new AICPA survey has found.

September 1, 2015

ABLE accounts get prop. regs.

The IRS issued proposed regulations providing guidance on Sec. 529A ABLE (Achieving a Better Life Experience) tax-advantaged savings accounts benefiting young blind or disabled individuals.

September 1, 2015

Americans’ financial standing improving

Job openings and home values fuel rise in PFSi.

September 1, 2015

Meeting the financial planning challenges of the future

Discover strategies your firm can use to cope with aging clients, higher health care costs, and the threat of robo-advisers.

August 24, 2015

How to help clients learn to save

Helping clients understand how much they need to save can help make the 30- or 40-year plan more digestible in smaller bite sized pieces.

August 1, 2015

Moved south but still taxed up north

Retirees often move to the southern United States to take advantage of lower taxes, but they should know how their former state of residence will treat them if they leave any property behind.

August 1, 2015

Kess Award honors excellence in tax and financial planning continuing education

Julie A. Welch received the 2015 Sidney Kess Award for Excellence in Continuing Education.

July 16, 2015

Americans’ financial well-being reaches 8-year high

Americans’ financial well-being is the highest it’s been since 2007, according to the American Institute of CPAs’ latest Personal Financial Satisfaction Index, which reached an eight-year high during the second quarter.

July 1, 2015

New FAQs and Q&As issued

Resources aid practitioners with PFP standards and American Land Title Association framework.

July 1, 2015

Financing for college with the Uniform Transfers to Minors Act

Build a fund for higher education with this often overlooked resource.

July 1, 2015

Transfer taxes: 5 questions to ask clients with international ties

Planning to lessen estate, gift, and generation-skipping transfer taxes increasingly requires considering clients’ foreign connections.

FROM THIS MONTH'S ISSUE

Tax-efficient drawdown strategies in retirement

Want to stretch retirement funds and avoid tax pitfalls? This article shares tips and models for smarter drawdown strategies that maximize after-tax wealth, manage Social Security and Medicare impacts, and minimize surprises. Also see: Tax season preview and quick guide.