One CPA financial planner’s approach to retirement
Mackey McNeill, CPA/PFS, founder of Mackey Advisors, based in Bellevue, Ky., developed a process for encouraging clients to discuss the nonfinancial aspects of retirement.
Retirement Planning
Talk about more than money when readying clients for retirement
Discussing the nonfinancial side of retirement with clients gives them a better idea of what to expect and gives CPA financial planners insight into how much they might spend.
The SECURE Act’s changes
Practitioners can advise on the most sweeping retirement reforms since 2006.
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.
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.
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.
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.
Proceeding into retirement
CPAs describe how they made a successful transition at the end of their careers.
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.
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.
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.
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.
How the ‘sandwich generation’ affects retirement
CPAs can help clients who are trying to save money while also dealing with shifting family demographics.
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.
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.
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.
Help clients save money on prescription drugs
CPAs are well-equipped to help clients understand the intricacies of Medicare Part D.
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.
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.
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.
