Helping to implement IRA Trusts and monitoring the programs can be an attractive market for financial planners who currently compete against no-cost or low-cost advisory platforms, writes Ed Slott, a popular authority on retirement topics. So reports Financial Planning.
The Federal Reserve’s monetary policy will remain accommodative this year, interest rates will stay low and the S&P 500 Index will gain approximately 15%. That's according to Byron R. Wien, vice chairman of the Private Wealth Solutions group at Blackstone. So reports Financial Advisor.
Proposed legislation that would extend approximately 30 expiring tax cuts and include retirement provisions is unlikely to pass this year as members of the House of Representatives are reluctant to vote on a bill that is expected to receive opposition in the Senate. So reports The Washington Post.