Tag - retirement plans

Holiday "gift bags" filled with last-minute ideas for investors' year-end planning | Sheaff Brock

A Potpourri of Year-End Planning Ideas

Just as retailers—and etailers—are out in force with eleventh-hour holiday gift ideas, financial companies are offering “gift bags” filled with last-minute ideas for investors’ year-end planning. And, while it’s never too late for financial planning, there are certain December deadlines and cutoff dates, as Kiplinger.com details: RMDs Required Minimum Distributions from IRAs, 403(b)s and 401(k)s must be completed by December 31. However, for the year in which you turn 70.5, you may defer your first RMD until April 1st of the [...]

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Duel over the Rule

“What’s it all about?” you may be asking, hearing the talking heads go on about the Department of Labor Fiduciary Rule. “The Rule,” debated for years, became official under President Obama, and was scheduled to be phased in starting April 10, 2017. The rule expands the “investment advice fiduciary” definition under Employee Retirement Income Security Act of 1974 (ERISA).  Meanwhile, a special memorandum issued by President Trump attempted to delay the rule’s implementation by 180 days so that the [...]