Updated Sunday, November 23, 2014 as of 7:01 PM ET
IRS Urged to Crack Down on Multimillion-Dollar IRAs
The IRS is being urged to bolster its enforcement efforts on multimillion-dollar IRAs in a new government report that also encourages Congress to provide more direction.
More in Retirement Planning
FINRA arbitration panel sides with a former Commonwealth Financial Network client who claims he lost his retirement savings due to bad retirement planning advice. more »
The IRS has issued guidance clarifying the impact that a 2014 rollover of an individual retirement arrangement has on the one-per-year limit imposed by the Tax Code on tax-free rollovers between IRAs. more »
Advisor-focused legislation may be a long-shot, but Republican majorities in both chambers could result in more scrutiny for agencies mulling fiduciary rules. more »
The changing nature of retirement for clients is an opportunity for firms. "They’re still going to need advice, but the advice is going to take on a different form," says Merrill Lynch's John Thiel. "It is moving from investment advice to life advice." more »
Millennials are becoming more proactive about retirement planning, according to the semiannual 401(k) Wellness Scorecard report from Bank of America. more »
Older middle-class Americans in their 50s are more likely to lack confidence in their retirement preparedness, with almost half fearing they haven't saved enough. more »
The proposed regulations address the tax treatment of distributions from designated Roth IRA accounts under tax-favored retirement plans. more »
The U.S. Supreme Court will consider giving 401(k) participants more power to sue their plans over investments that impose excessive fees, accepting an appeal tied to a wave of suits against employers. more »
Charles Schwab removed Pimco from its target-date retirement funds after the departure of Bill Gross. more »
Investors should beware when the Tax Code says one thing about real estate in an IRA, but the IRA custodian says another. more »
The rush to shift money to Roth IRAs may be built on bad assumptions. Keep your clients from making a mistake. more »
Nearly a third of investors say they “consciously avoid stocks in long-term investment accounts," according to a new Wells Fargo/Gallup study. more »
How to survive 4 major retirement hazards; Picking the 'right' hedge fund involves more than looking in the past; ETFs should be in your 401(k), says Morningstar more »
The November Issue is now online!


TWITTER
FACEBOOK
LINKEDIN
Already a subscriber? Log in here