The giant U.S. health insurance program lost $12 billion in 2023 on $1 trillion in revenue, compared with an $83 billion gain ...

Your article was successfully shared with the contacts you provided. The Social Security trustees released their annual report Monday, warning that the main trust fund used to support the payment of ...

I enjoyed a recent article by Ed Slott stating that we should plan for the potentially largest IRA balances ever in 2024. With the S&P 500 reaching an all-time high, many American ...

A new deposit insurance rule effective April 1 has capped what the Federal Deposit Insurance Corp. will insure in a trust account at $1.25 million.

The Internal Revenue Service has taken 16 years to complete regulations that may help wealthy clients fix failures to declare how they would use their generation-skipping transfer exemption. The IRS ...

ThinkAdvisor’s pioneering recognition program — the Luminaries — is currently accepting nominations for our expanded list of 2024 awards, which are now open to more segments of the financial services ...

Your article was successfully shared with the contacts you provided. The House-passed tax bill that includes 100% bonus depreciation is being filed today as an amendment to a reauthorization bill for ...

The asset reserves of the Social Security Old-Age and Survivors Insurance Trust Fund, which pays benefits to retirees, are projected to become depleted in 2033 — the same as projected in 2023. Income ...

Labor analysts included a puzzling asset comparison table in the final fiduciary standard update packet. The table shows fixed annuity assets growing twice as fast as mutual fund assets. The numbers ...

Some 10,000 baby boomers will turn 65 every day until 2030, according to the U.S. Census Bureau, and a majority of them are ...

Paul Shoukry’s ascension to CEO of Raymond James Financial, replacing Paul Reilly, isn’t as big a change as people think, ...

A recent Bank of America report provides some talking points for advisors helping clients navigate this alternative ...