retirement savings

No, according to the Investment Management Consultants Association (IMCA) in a recent report detailing its yearly survey of 1,000+ members. The long-term impact of the Great Recession of 2008 and 2009 devastated the accumulated wealth …

by Ryan W. Smith Technology has had a large impact on the financial advisory industry over the decades, with an outsized and growing influence in recent years. The rise of robo-advisors, the use of online …

There is an emotional side to financial planning, a connection between advisor and client that robo-advisors can simply not duplicate. Life events like weddings, health issues, divorce, and retirement are among the specific situations where …

While robo-advisory services have had explosive growth in recent years, they typically only provide portfolio management services. They will most likely have a lower cost than human advisors, with some services allowing for tax concerns …

by Ryan W. Smith Managing retirement account withdrawals is not as simple as setting up a monthly deposit into a checking account. Making sure funds last as long as possible, whether drawn to pay expenses …

Here are some of the best ways to minimize the tax burden when withdrawing money from a retirement account: 1) Take the Required Minimum Distribution after age 70.5 2) Pay Attention to Taxable Amounts on …

Prudent advisors will begin to look at tax ramifications early in their relationship with a client. For example, Capital Gain Harvesting while a client still has a lower tax rate. Because there is no wash-gain …

Tax concerns for retirement withdrawals are among the most important variables to ensuring that retirement accounts provide the necessary income needs, and hopefully, estate assets that a retiree wants to leave. Often it is unplanned …

by Ryan W. Smith The annuity industry is undergoing massive changes. While many changes were already beginning to appear, once the Department of Labor announced its final Fiduciary Rule in the spring of 2016 reforms …