Insights News

History can serve as a helpful guide when we try to prepare for the future, and that’s true as well for macro trends in the financial services industry. Let’s look back at some of the major trends in 2019 that could remain common themes in 2020 as well. Full article in Investment News

The secure act, signed into law on Dec. 20, 2019, might not live up to its lofty name, but it’s among the most robust retirement legislation passed since 2006. Read about the three main themes into which many of the Setting Every Community Up for Retirement Enhancement (SECURE) Act’s provisions fall. Full Article on Financial …

As a somewhat surprising end-of-year move, the SECURE Act was attached to a government funding bill. Why this is surprising isn’t because the bill was passed, but that it got passed this year after some major backlash. This past summer, it looked like the SECURE Act’s passage was all but a foregone conclusion after flying through …

When you’re ready to sell your business, you want the highest possible return on your investment of time, energy and capital. That’s why it’s not enough to simply put your business on the block. Ensuring a successful outcome requires preparation and a well-orchestrated plan. According to the National Federation of Independent Business (NFIB), sellers should have …

With Congress agreeing to pass the SECURE Act, which represents the first major retirement legislation since the Pension Protection Act of 2006, the required minimum distribution (RMD) rules that impact retirement savings accounts are changing drastically. To see an overview of the SECURE Act check out this Forbes Article. Essentially, the SECURE Act made two major changes …

As year-end approaches, there’s still time to make sure you’re on track toward your important financial goals, including maximizing retirement savings and taking steps to reduce your tax exposure. Begin by reviewing the year-end financial planning checklist below, then schedule time to meet with your tax and financial advisors if you have questions or need …

Congress just agreed to a bipartisan appropriations bill that will help avert another government shutdown. However, attached to the spending bill is a piece of legislation called the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which passed the House with a 417-3 vote earlier this summer. Honestly, the passage of the SECURE Act came as a …

In 1983, President Ronald Reagan designated November as National Alzheimer’s Awareness Month. According to the Alzheimer’s Association, at that time there were less than two million people with the disease. That number has grown to over five million today, making Alzheimer’s the sixth leading cause of death in the United States. Not coincidentally, November is also National Long-Term …

Contributing to a Roth IRA can be a good way to save for retirement and diversify your taxes. Funding a Roth IRA to a substantial amount can be tricky, though, since investors have a $6,000 maximum on contributions in both 2019 and 2020. (People over age 50 can contribute an additional $1,000.) One work-around is …

This year marked the first time taxpayers filed their returns under the Tax Cuts and Jobs Act of 2017 (TCJA). Due to the sheer number of changes introduced, many taxpayers may not be aware of steps that need to be taken before year-end to help manage their tax exposure under the new law. That’s where year-end …

There are few sights more American than a minivan or SUV with a precariously packed car-top carrier on the holiday family journey. You pack your suitcase, you repack the kids’ suitcases, you hope that plastic shell and all its bungee cords will hold, and you head off into the rising sun. You’re packing list has …