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Trump Orders DOL To Weigh Fiduciary Rule For Flaws That Could Lead To Revisions Or Outright Scuttling

President Trump signed a presidential memorandum on Friday ordering the Labor Department DOL to review 160 its controversial new fiduciary rule and which could lead to rescinding or revising the rule The rule is intended to stop conflicts of interest by financial advisors Source
Posted On 06 Feb 2017

Investment Strategies for Your Retirement Accounts

What are ways retirees can invest for income and still minimize Source
Posted On 02 Feb 2017

How Millennials Can Avoid a 401(k) Crisis

Millennials need to take advantage of their employer’s 401(k) when they do get a steady Source
Posted On 02 Feb 2017

Investing Retirement Money That You May Never Need

Having money sitting in an IRA that you won’t need to spend anytime soon — or maybe you’ll never want to spend — is a First World retirement problem. Yet financial advisers have answers for the well-heeled retirees who find themselves in this fortunate...
Posted On 02 Feb 2017

Hire Help to Handle Hefty Medical Bills

When you or a family member experience a medical crisis it can be hard enough to focus on getting the best care The last thing you want to deal with is an overwhelming pile of medical bills When you or a family member experience a medical crisis it can be hard enough to focus on...
Posted On 02 Feb 2017

5 Ways You Can Still Boost Your Tax-Advantaged Savings for 2016

SEE ALSO FAQs About Health Savings Accounts SEE ALSO FAQs About Health Savings Accounts ANSWER No it s not too late Even though you had to make 401 k contributions for 2016 by December 31 you still have until April 18 2017 to contribute to an IRA HSA and several other types Source
Posted On 02 Feb 2017

Obamacare Repeal Could Raise Health Care Costs for Medicare Beneficiaries

Medicare beneficiaries are not necessarily immune from proposals on Capitol Hill to repeal or partially repeal the Affordable Care Act The 2010 health care law includes a number of popular Medicare related provisions such as free preventive care services and the closing of the...
Posted On 01 Feb 2017

Early Retirees With Obamacare Plans Face Uncertain Future

Adults who are ages 55 to 64 and covered by a marketplace insurance plan created by the Affordable Care Act could be hit hard by a repeal of the health care law and various replacement proposals About 4 5 million Americans in this age range could have lost coverage under a law...
Posted On 01 Feb 2017

6 Reasons Retirees Would Love A Rate Hike

Many experts believe there could be numerous Federal Reserve rate hikes in 2017, and that’s good news for millions of diligent American savers, especially those in retirement. CDs and savings accounts will offer higher rates, but the increase won’t be immediate and...
Posted On 01 Feb 2017

Pay Me Now: Pros and Cons of Adviser Compensation Models

Everybody wants a financial adviser but nobody wants to pay for one Everybody wants a financial adviser but nobody wants to pay for one SEE ALSO How to Find a Financial Adviser Who s a Good Fit for You SEE ALSO How to Find a Financial Adviser Who s a Good Fit for You Or maybe it...
Posted On 30 Jan 2017