PFP
Showing 33–48 of 361 results
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Preparing for new cryptocurrency reporting rules
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 415
Abstract: Individuals who’ve invested in cryptocurrency (for example, Bitcoin or Ether), nonfungible tokens (NFTs), or certain other digital assets, should familiarize themselves with new tax reporting requirements that take effect in 2023. This short article summarizes the rules.
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Working remotely? Watch out for double taxation
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 623
Abstract: Remote work can be convenient. However, it raises the risk of double taxation if employees work in different states from their employers. This article helps employees prevent this extra tax bite. It explains the difference between domicile and residence, highlights reciprocity arrangements and warns workers to beware of “convenience of the employer” situations.
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HSAs: A can’t-pass-up savings proposition
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 657
Abstract: Health Savings Accounts (HSAs) often are referred to as “medical IRAs” because they enable participants to save money while deferring taxes. This article tells workers whose employers offer HSAs (or who have access to them through a bank or insurance company) how to make the most of the opportunity. For example, automatic payroll deduction programs help by withdrawing pretax funds from paychecks.
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Hearts and heads – CLTs can support philanthropic, estate and tax objectives
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 847
Abstract: Charitable lead trusts (CLTs) enable people to achieve multiple objectives — support favorite charities while also transferring wealth to their families in a tax-efficient manner. They accomplish these goals by distributing income to one or more charities during the trust term, with the remainder passing to the trust owner’s family. This article provides details, such as how CLTs can be structured A sidebar explains the difference between lifetime and testamentary trusts.
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Weighing the risks of “buy now, pay later”
May / June 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 415
Abstract: Already many big retailers offer buy now, pay later (BNPL) as a payment option. It’s also popular with consumers. BNPL offers several advantages — instant approval and no interest or finance charges as long as the consumer pays installments on time. Delinquent payers, however, may face late fees and BNPL purchases may not come with consumer protections.
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What to do if your life insurance’s term is almost up
May / June 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 591
Abstract: Term life insurance policyholders generally have a couple options if their term is ending and they desire further protection. They may be able to renew the policy without submitting to a new medical exam — or buy a new term life policy. Another possible option is to buy a permanent policy. This article highlights the advantages and drawbacks of each choice.
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For investing advice, look to the masters
May / June 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 656
Abstract: As experienced investors know, what succeeded last year (or last week) is no guarantee of what will succeed in the future. Some of history’s most-celebrated investors, Benjamin Graham, Peter Lynch and Warren Buffet, are known for staking out a strategy and sticking with it through thick and thin. This article describes their guiding principles.
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Saving for retirement – Your 401(k) is maxed out — now what?
May / June 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 891
Abstract: What should retirement savers do if they’ve maxed out their 401(k) contributions? As this article explains, some plans allow participants to make after-tax contributions to their traditional or Roth 401(k) plans. Another option is to contribute to a traditional IRA, Roth IRA or annuity. Savers may also want to consider their health savings plan. A sidebar discusses a “back door” Roth IRA option for high-income earners.
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Take steps to manage inflation’s impact
March / April 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 414
Abstract: Longer life expectancies increase the risk that retirees will have to live on less income. Another risk that’s often overlooked is inflation. This short article explains how inflation can slow the growth of certain assts and erode the purchasing power of investments. It tells readers to work with advisors to develop an inflation-resistant investment strategy.
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Trusts can solve a variety of estate planning issues
March / April 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 511
Abstract: Whether you’re trying to protect your assets from possible creditors, prevent young heirs from wasting their inheritance or minimize current taxes, there’s likely a trust for you. This article looks at a couple different types, including irrevocable and “spendthrift” trusts.
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Charitable giving – Spotlight on pooled income funds
March / April 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 609
Abstract: For the charitably inclined, there are several ways to satisfy philanthropic objectives, receive tax benefits and even generate income. One option is the pooled income fund (PIF). This article shows how PIFs can provide some of the same benefits of a charitable remainder trust for a fraction of the set-up and operational costs.
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Your investment strategy: Active, passive or both?
March / April 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 885
Abstract: Both active and passive investment strategies have supporters and critics, but many experts advocate combining both approaches in a diversified portfolio. This article defines each strategy, highlights their advantages and disadvantages and explains how to combine them given individual goals. A sidebar looks at a recent study that shows that actively managed funds post mixed results.
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Minimizing taxes on employer stock in your 401(k) plan
January / February 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 426
Abstract: People who are approaching retirement and have a 401(k) plan that contains significant holdings in appreciated employer stock may be able to minimize taxes on that stock. The strategy takes advantage of the net unrealized appreciation rules. This short article explains how it works.
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What investors need to know about stock splits
January / February 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 619
Abstract: From time to time, public companies announce stock splits or reverse stock splits. This article explains what this means — and what it doesn’t. For example, when a company announces a stock split, it’s usually because management believes the stock price has gotten too high relative to its peers and that a lower price will boost liquidity. But contrary to what some investors may believe, stock splits don’t increase the value of stock holdings.
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Prepare for scrutiny – IRS audits may soon become more common
January / February 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: In recent years, the IRS has audited only about 0.5% of individual tax returns. But the Biden administration is pushing for the IRS to help close the tax gap. Although it’s still not clear which groups may see increased audits, the IRS has historically targeted higher-income individuals. This article walks taxpayers through the audit process.
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Approaching 65? Get up to speed on Medicare
January / February 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 844
Abstract: Medicare is complex and navigating the many options can be challenging. To help with retirement planning, this article answers several questions about the timing and scope of coverage. It also explains when it’s possible to delay Medicare enrollment without penalty. A sidebar discusses the cost of Medicare Part A, explaining that it largely depends on how long individuals have paid Medicare taxes out of their paychecks or through self-employment taxes.