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NEWSLETTERS

Seeking a Stable Retirement – December 2016

Anecdotally, retirement finances formerly were based on a “three-legged stool.” After people stopped working and no longer had earned income, their cash flow would come from Social Security, personal savings, and a pension from a former employer. This pension would have been a traditional defined benefit plan, paid out for the retiree’s lifetime and perhaps for that of a surviving spouse.

December 2016|Categories: Newsletters

More Certainty for Year-End Tax Planning – November 2016

Recently, year-end tax planning has been challenging. Many tax code provisions expired, and it was uncertain whether they would be renewed, with Congress’ action potentially not coming until extremely late in the year.

November 2016|Categories: Newsletters

Financial Steps to Take After a Child Is Born – October 2016

The arrival of a newborn can be a joyous occasion. Even while emotions are at their peak, though, you shouldn’t neglect the practical aspects. Several steps should be taken to protect the family’s finances, and the sooner the better.

October 2016|Categories: Newsletters

Customization Comes to Target-Date Funds – September 2016

According to Morningstar, target-date funds (TDFs) attracted nearly $70 billion in 2015. Another research rm, Cerulli Associates, has predicted that 88% of new 401(k) contributions will go into TDFs by the end of 2019. As this market expands, new versions are appearing: the “custom” TDF has been labeled the fastest growing segment.

September 2016|Categories: Newsletters

The True Cost of Higher Education – August 2016

The College Board reports that full-time students at private institutions typically paid almost $44,000 for tuition, fees, room and board during the 2015-2016 academic year. That’s the average, so costs at some private colleges and universities were well over $50,000 per year. Higher education at public schools was much less expensive, but in-state students still spent nearly $20,000 for tuition, fees, room and board, on average. All college costs continue to rise, so younger students probably will pay even more when they arrive on campus.

August 2016|Categories: Newsletters

What the New Federal Fiduciary Rule Means to Investors – July 2016

In April, the U.S. Department of Labor (DOL) made headlines with its final rule covering conflicts of interest among investment advisers. Media coverage focused on the difference between a “fiduciary” standard and a “suitability” standard. Financial advisors and investment firms have been debating this issue—often heatedly-for years, and the DOL action probably will bring about changes within the industry.

June 2016|Categories: Newsletters