Mortgages that allow homeowners to tap into their home equity are too often overlooked when planning for retirement. Why? Too many people just don’t understand them Susan A. Pomfret, RICP® When it comes to retirement income planning, mortgages that allow homeowners to convert a portion of their home equity into retirement income offer numerous advantages: […]
Monthly Archives: March 2022
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Breach of Fiduciary Duty Plutzer v. Bankers Tr. Co. of S. Dakota, No. 1:21-cv-3632, 2022 WL 596356 (S.D.N.Y. Feb. 28, 2022) (Judge Mary Kay Vyskocil). Plaintiff Edward Plutzer filed suit alleging defendant Bankers Trust Company of South Dakota engaged in a prohibited transaction and breached its fiduciary duties as trustee of the Tharanco Group Inc. […]
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Anne Bachrach, The Accountability Coach https://www.hipcast.com/podcast/HyCM1Dvq As a business owner, you’ve certainly heard by now that setting goals, both personally and professionally, is an endeavor of the highest quality and leads to prosperity. It might even start to sound a little cliché, but why does goal setting really matter? After all, you probably have a […]
FSPgo Reports
Your ERISA Watch – Fourth Circuit Rules That Administrator’s Failure to Respond to Claimant’s Request for Information Demonstrated Futility of Appealing
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Wilson v. UnitedHealthcare Ins. Co., No. 20-2044, __ F.4th __, 2022 WL 552028 (4th Cir. Feb. 24, 2022) (Before Circuit Judges Agee, Thacker, and Quattlebaum). This week’s notable case once again demonstrates how health insurance claims are confusing and littered with procedural and substantive land mines. This case involves one person who received treatment at […]
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Effective Planning and Best Practice Tip Sometimes clients wait on advice and then push to rush to implement planning for any of a number of reasons, ranging from a potential change in tax law to a health scare. This can result in numerous risks, including the failure to document each phase or failure to let […]
Mike McGlothlin CFP®, CHFC®, CLU®, LUTCF®, NSSA® Recently I’ve been involved in several multiple-day meetings. One with the leaders of my company and another was with my external wholesalers. I hosted my direct reports in Sanibel, Florida, and it was the first time we had been together as a team in more than two years. […]