The plan could offer $24,000 in relief for some taxpayers, but experts warn of consequences.
Two tax season surveys reveal confusion, concerns prevalent in tax filing season.
Recession fears are rising, or at least more people are talking about the potential one. Here's what financial advisors are saying - and doing - about it.
Reports of cuts to phone support add to broader concerns about reverberations from mass layoffs amid continued efficiency efforts.
The client comes first may be a cliché but it’s underappreciated, says Andrew Clinton, an expert in tax-exempt fixed-income solutions.
Latest figures confirm record sales in 2024, including four straight quarters exceeding $100 billion, with most of the wins going to the largest players.
Gen X emerges as the least confident in their future, while many retirees are navigating financial shocks from inflation and healthcare costs.
Beacon Pointe partner and managing director Indya Yuill shares how to boost female clients' tax confidence, and how the work of tax planning can naturally create growth opportunities.
Much hoped-for changes, including a doubling of the deduction for joint filers, are set to be part of a Republican package renewing many of President Trump's first-term tax cuts.
Who’s ready to step up and provide the expert federal retirement advice needed?
The Social Security Administration is going back to fully garnishing monthly benefits to recover overpayments, a move advocates say could cause "unnecessary harm" to some of the most vulnerable Americans.
New data add to piles of surveys showing people don't feel financially prepared for retirement. While retirees often adjust to live within their means, long-term care is a looming problem.
A reported plan to cut staff at the agency by half and uncertainty over the future of its free tax filing program could have massive consequences, think tank says.
New research examines how assets in IRAs have shifted over the years, and whether the vehicles are still serving their intended purpose.
Retirement industry research report shows ongoing dominance of Vanguard, with BlackRock coming out strong with its paycheck-for-life offering.
Research points to growing need for tailored solutions in pension plans, as well as the shift towards passive in target-date funds.
With big staff cuts coming to an agency already struggling to provide customer service, Social Security claimants should begin preparing, advisors said.
Survey offers a fresh glimpse into the vulnerabilities that scammers exploit, and how targeted strategies against financial illiteracy and isolation could help.
Total annuity sales reached $427 billion, with index and variable annuity product sales also accelerating for the year.
The veteran with almost 30 years of experience, mostly at JPMorgan Asset Management, will oversee a business managing nearly $320 billion in assets.
