Anthony Bartlett, ChFC,CASL, AEP, RICP, registered principal and CEO of Bartlett Wealth Management Everyone dreams of a comfortable retirement and looks forward to enjoying all those things they’ve imagined. Unfortunately, for many, it is a dream that will never come true. With increased longevity, more people are living longer, and running out of money is becoming […]
Retirement Income Planning Issues for 2021 An important contribution that professionals provide to their clients is to encourage them to save enough for retirement. As the government continues to enact changes to make it easier for employers to offer retirement plans to their employees, professionals can relay these benefits to clients to encourage retirement savings […]
The Government Accountability Office (GAO) on Aug. 31 released a report on abusive tax schemes with a focus on offshore insurance products and associated compliance risks. (GAO-20-589)
Although 2020 seems like the year that just won’t quit, somehow, we are already staring the fourth quarter in the eyes. It’s almost here. And, if you’re like so many other advisors, you’re probably wondering where the year went. And you’re thinking of how you can be more efficient to hit some of those goals […]
Claiming Social Security Retired-Worker Benefits For most workers nearing retirement, Social Security benefits are among their largest assets, whether they know it or not. The discounted present value of lifetime Social Security benefits payable to newly retired workers, even without regard to additional, auxiliary benefits that may be payable to family members and survivors, is […]
On August 3, 2020, the IRS released its Coronavirus-related relief for retirement plans and IRAs questions and answers which can be found at ir.gov/newsroom/coronavirus-related-relief.
A recent court case, decided June 1, 2020, is interesting in protecting 401(k) deferrals in bankruptcy. If a 401(k) Plan is available to an employee and the employee has been making deferrals, those deferrals are not considered “disposable income” for bankruptcy purposes.
How the Tax Code Helps Low- and Moderate-Income Clients Many financial planners focus on assisting high-net-worth clients. However, it can be reasonably argued that those in the lower- and moderate-income groups may need the most support with financial matters. In light of the recent pandemic-induced economic turmoil that squeezed the livelihood of many Americans, it […]
Jason Cutter | CEO/Founder, Cutter Consulting Group While there are a million different ways to sell, there are some basic, fundamental go-to parts of every successful sales process. These must be done every time but will vary in energy required based on the product, service, and personality of the salesperson. We start off Fundamentals Week […]
Mike McGlothlin, ChFC®, CLU®, CFP® I learned a lot as a student basketball manager under the legendary coach Bob Knight. And one lesson that I really took to heart came from a sign posted in the locker room. It was straightforward and simple, and something we can all benefit from. The sign was hung right […]