Social media and the online news sites love to publish articles discussing Americans’ reluctance to plan for their retirement. These articles paint a gloomy picture of a future with too little money saved, the possibility of reduced Social Security benefits, and many people feeling they may never be able to retire. While this may be...

Savings for retirement starts when workers start their career, right? Not so for a significant portion of U.S. adults. Only 4 out of 10 adults started saving for retirement in their 20s, according to a recent report from Morning Consult. Half of adults between 18 and 34 are not saving for retirement at all.

Creating a comprehensive, tax efficient wealth portfolio is an active exercise that happens year-round.  Tax matters, especially for high-net-worth individuals who could see as much or more than 40% of their estate whittled away by estate taxes without careful forethought. As we approach year-end, it’s a good time to consider the many ways there are...

The Tax Cuts and Jobs Act (TCJA) changed tax deductions, making defined contribution retirement plans, such as 401(k) plans and pensions, more appealing for small businesses, entrepreneurs and certain taxpayers with earnings too high to benefit from the new qualified business income (QBI) deductions. But defined benefit plans come with qualifiers that can reduce benefits...