Personal financial planning news and resources

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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.

July 1, 2015

68% of Americans with student loans are unhappy with how they financed college

If they had to do it all over again, the majority of Americans would have paid for college differently, a new AICPA survey finds.

June 25, 2015

51% of Americans are putting off major life events for financial reasons

More than half of the 1,010 U.S. adults surveyed said they had put off important life goals such as buying a home, retiring, or pursuing higher education.

June 23, 2015

Emotional harm of elder financial abuse outweighs its financial damage

More than one-third (37%) of CPA financial planners said that elder financial abuse caused “substantial” emotional harm to clients, according to the new AICPA PFP Trends Survey.

June 19, 2015

Proposed rules for ABLE accounts for the disabled are issued

Proposed regulations under Sec. 529A were issued providing guidance on ABLE accounts, special tax-favored accounts designed to help disabled individuals and their families save for and pay disability related expenses.

June 1, 2015

Americans’ financial condition on the rise

Falling oil prices and lower taxes are decreasing stress on personal budgets.

June 1, 2015

Treasury provides information and online sign-up for new myRA accounts

The Treasury Department began providing information about myRA retirement savings accounts for individuals and employers and an electronic application.

June 1, 2015

Americans fear running out of money in retirement

Health care costs are contributing to concerns.

May 20, 2015

SEC proposes new reporting requirements for investment companies and advisers

Rules proposed by the SEC are designed to improve the reporting and disclosure of information by investment companies and investment advisers.

April 29, 2015

Updated FAQs now available for AICPA PFP standard

New additions to a Frequently Asked Questions (FAQ) resource can help practitioners who practice in the areas of estate, retirement, risk management, and investment planning to comply with Statement on Standards in Personal Financial Planning Services No. 1.

April 29, 2015