ARE YOUR BANK DEPOSITS SAFE?
When you deposit money with a bank that’s insured by the Federal Deposit Insurance Corp., the government guarantees that the funds will be protected, up to certain limits, if the bank fails. Many financial-technology companies that offer banking products; such as checking or savings accounts, are not FDIC insured, so customers’ funds are instead passed through to an institution that has FDIC coverage, although customers continue to interact with the fintech for banking services.
3 Types of Trusts That Could Help Wealthy Clients’ Estate Plans
3 Types of Trusts That Could Help Wealthy Clients’ Estate Plans
A charitable remainder unitrust or annuity trust could help inherited individual retirement account heirs push back the additional income and accompanying taxes; a non-grantor trust can tap into the tax-free capital gains of up to $10 million for qualifying small business stock; and a grantor retained annuity trust may assist in freezing the value of their estate, according to Aaron White, chief growth officer of Pleasanton, California-based Adero Partners. Earlier this year, he wrote a guide to the many kinds of trusts that could assist high net worth estates.
5 WAYS TO CATCH UP ON RETIREMENT SAVINGS
If you're in your highest-earning years you can make up for lost time. By. Sandra Block for Kiplinger Personal Finance YOU'VE no doubt heard from multiple sources (including Kiplinger) that the key to retirement security is to save early and often. Thanks to the value...
How Does the Federal Reserve Work?
The central bank has an outsize impact on financial markets BY KIM CLARK PUBLISHED FEBRUARY 28, 2024 Eight times a year, a group of 19 bankers, finance experts and economists gather for a two-day confab in an elegant cream- and-gold boardroom about a mile from the...
DOL Issues Final Version of Fiduciary Rule
The much-anticipated rule change expands the definition of “investment advice” to advice given to consumers and sponsors of retirement plans governed by Erisa. By Cyril Tuohy |April 23, 2024 The U.S. Department of Labor has released the final version of a new set of...
Vazirani Featured In Financial Times Publication
Risk Control Indexes Are Multiplying, and So Are Their Critics Critics of volatility-control indexes for life and annuity products argue that they’re complex, opaque and, in recent years, poor performers. By Warren S. Hersch| April 10, 2024 Insurers are adding a...
How to Pay for Long-Term Care
Most people will need long-term care at some point, but insurance is pricey. Here’s a guide to covering the expenses Unless you maintain your health and mobility for the rest of your life, chances are you’ll eventually need some form of long-term care. Government...
Tired of Low Bank Saving and CD Interest Rates?
As you are all aware, the Feds have raised interest rates many times over last year and months, yet the banks have not increased their rates, in proportion, to client's savings, money market and CD accounts. As an alternative, above please find the higher short-term...
IRS offers ‘Secure’ relief to 10-year rule beneficiaries
11 Tax Tips on Mortgages and Homeownership
Secured Financial Solutions YOUR FIDUCIARY FIRM
- ARE YOUR BANK DEPOSITS SAFE?
When you deposit money with a bank that's insured by the Federal Deposit Insurance Corp., the government guarantees that the funds will be protected, up to certain limits, if the bank fails. Many financial-technology companies that offer banking products; such as checking or savings accounts, are not FDIC insured, so customers' funds are instead passed through to an institution that has FDIC coverage, although customers continue to interact with the fintech for banking services. The post ARE YOUR BANK DEPOSITS SAFE? appeared first on Secured Financial Solutions.
- 3 Types of Trusts That Could Help Wealthy Clients’ Estate Plans
3 Types of Trusts That Could Help Wealthy Clients' Estate Plans A charitable remainder unitrust or annuity trust could help inherited individual retirement account heirs push back the additional income and accompanying taxes; a non-grantor trust can tap into the tax-free capital gains of up to $10 million for qualifying small business stock; and a grantor retained annuity trust may assist in freezing the value of their estate, according to Aaron White, chief growth officer of Pleasanton, California-based Adero Partners. Earlier this year, he wrote a guide to the many kinds of trusts that could assist high net worth estates. The post 3 Types of Trusts That Could Help Wealthy Clients’ Estate Plans appeared first on Secured Financial Solutions.
- 5 WAYS TO CATCH UP ON RETIREMENT SAVINGS
If you’re in your highest-earning years you can make up for lost time. By. Sandra Block for Kiplinger Personal Finance YOU’VE no doubt heard from multiple sources (including Kiplinger) that the key to retirement security is to save early and often. Thanks to the value of compound interest, even small contributions to a 40l(k) or The post 5 WAYS TO CATCH UP ON RETIREMENT SAVINGS appeared first on Secured Financial Solutions.
- How Does the Federal Reserve Work?
The central bank has an outsize impact on financial markets BY KIM CLARK PUBLISHED FEBRUARY 28, 2024 Eight times a year, a group of 19 bankers, finance experts and economists gather for a two-day confab in an elegant cream- and-gold boardroom about a mile from the White House. After they’re done analyzing the outlook for The post How Does the Federal Reserve Work? appeared first on Secured Financial Solutions.