Retirement planning

TOPICS / PERSONAL FINANCIAL PLANNING

June 8, 2020

Why Roth conversions still make sense after the SECURE Act

Changes brought on by the SECURE act have added new wrinkles to the planning process that must be considered by IRA owners and CPA financial planners.

March 10, 2020

Calming clients’ fears during the coronavirus outbreak

How can CPAs deal with client anxieties during a time of uncertainty? The best steps include preparing them for unexpected events before they happen and acknowledging their concerns.

February 18, 2020

CPAs need to watch these health care pricing rules

New rules are designed to make health care pricing more transparent, and CPA financial planners could use that information to help clients make more informed decisions.

January 21, 2020

The financial and human cost of loneliness in retirement

Isolation and loneliness can have serious emotional, social, and financial consequences, and can contribute to declines in clients’ physical and mental health and quality of life.

January 1, 2020

Proceeding into retirement

CPAs describe how they made a successful transition at the end of their careers.

November 6, 2019

Retirement plan contribution limits increase for 2020

Annual contribution limits for 401(k) plans will increase from $19,000 in 2019 to $19,500 in 2020, and most other limits are increasing as well.

August 12, 2019

How CPAs can help family businesses with succession planning

Jonathan Flack, CPA, discusses why leaders of family businesses have such a difficult time with succession planning and what CPAs can do to help them.

July 8, 2019

The father of the 401(k) on how his invention has reshaped retirement

Ted Benna talks about how and why he came up with the 401(k), its advantages and drawbacks, how he’d change it if given the chance, and how it’s reshaped retirement.

June 17, 2019

Prepare clients for a sudden elder health care crisis

This article discusses the challenges your clients could face when suddenly needing to move a parent to long-term care, along with ways you can help them prepare.

May 1, 2019

How the ‘sandwich generation’ affects retirement

CPAs can help clients who are trying to save money while also dealing with shifting family demographics.

February 14, 2019

Clients’ top retirement fear: Running out of money

Nearly one-third (30%) of financial planners say their clients’ top retirement fear is running out of money, according to a recent AICPA survey of 631 CPA financial planners.

January 22, 2019

Don’t miss the new Medicare Advantage enrollment period

It can be helpful for CPA financial planners to reach out to clients to be sure they know about the opportunity to review their coverage and make recommended changes.

November 28, 2018

Which benefits do employees find most financially beneficial?

Eighty percent of Americans would choose a job with benefits over one with no benefits that paid 30% more, according to a Harris Poll survey on behalf of the AICPA.

November 12, 2018

Help clients save money on prescription drugs

CPAs are well-equipped to help clients understand the intricacies of Medicare Part D.

October 15, 2018

The Medicare Part D coverage gap is ending

CPAs may want to revisit their clients’ Medicare elections, particularly now that Part D changes are on the horizon.

October 1, 2018

Don’t let the Medicare Annual Enrollment Period pass you by

the Annual Enrollment Period is an opportunity for clients to be proactive in their Medicare planning.

August 6, 2018

What the future of medical diagnostics could mean for CPAs

As diagnostics advance, more clients will have more information to include as part of the retirement plan.

August 1, 2018

FIRE-d up for early retirement

Learn how CPAs can help members of the FIRE movement: a group of financially savvy consumers whose goal is to retire in their 40s, 50s — or even younger.

July 23, 2018

What CPAs need to know about a growing housing option

Experts in community housing and those who participating community living share their thoughts.

July 9, 2018

Hacking retirement: Technology to spur saving

Financial and technology experts offer insight into which technologies can help clients save now and in the future.

FROM THIS MONTH'S ISSUE

Cannabis dispensary denied ERC

The Court of Federal Claims held that Sec. 280E, which prohibits deductions and credits for businesses trafficking in controlled substances, applies to the employee retention credit (ERC), including its refundable portion, and denied a cannabis business’s claim for a refundable ERC.