Long-Term Care Planning Misconceptions Are Holding Back Advisors And Consumers

April 11, 2018
By:
Jamie Hopkins

A recent webinar conducted for National Retirement Planning Week with experts from Lincoln Financial, the Insured Retirement Institute, and The American College of Financial Services looked at the importance of engaging in long-term care planning as part of designing a secure retirement plan.

Researchers Say Reverse Mortgages Deserve A Second Look

March 30, 2018
By:
Jamie Hopkins

What’s the deal with reverse mortgages? This question was addressed in a recent Housing Wealth in Retirement Symposium held on March 23, 2018, in Washington, DC. The event was co-hosted by The American College of Financial Services and the Bipartisan Policy Center.

Appellate Court Deals Fiduciary Financial Advice Rule Major Blow

March 16, 2018
By:
Jamie Hopkins

The Department of Labor’s expanded fiduciary advice rule has not had an easy life. In fact, it hasn’t really ever had a life and may never after the latest setback. The Fifth Circuit Court of Appeals completely vacated the rule in a split decision announced late Thursday afternoon.

Tax Reform Provides Boost To Small Business Retirement Plans

March 12, 2018
By:
Jamie Hopkins

The Tax Cuts and Jobs Act (TCJA) was signed into law by President Trump near the end of 2017 and it mostly took effect in 2018. While the TCJA impacts almost every single individual taxpayer to some degree, the changes also significantly impact corporations and small businesses.

As Tax Season Approaches, Don't Forget About Bitcoin and Cryptocurrencies

February 26, 2018
By:
Jamie Hopkins

Cryptocurrencies are all the rage today, but come tax season they might only cause you rage. The reality is that one driving force behind cryptocurrency development was a desire to be outside the view, control, and domain of governments. However, they cannot escape the IRS.

Incorporating Digital-Asset Planning Into Estate Planning

February 23, 2018
By:
Jamie Hopkins

Technology has been the great disrupter for hundreds of years and that continues to hold true today. Estate planning is being challenged by technology. Today, individuals can create wills and trusts online without ever meeting an attorney. However, these services, forms, and documents often leave much to be desired.

Tax Reform Sparks Interest In Life Insurance and Secondary Markets

February 20, 2018
By:
Jamie Hopkins

With many Americans reviewing their financial situation after the passage of the Tax Cuts and Jobs Act, it is important that any life insurance needs are also reviewed at this time. The reality is that many people do not think about life insurance as a financial asset and don’t review their life insurance needs frequently enough.

Tax Bill's Implications for Retirement Planning

February 8, 2018
By:
Jamie Hopkins

The Tax Cuts and Jobs Act, passed into law in late 2017 and mainly taking effect in 2018, will be transformative for many Americans and businesses. For the most part, tax laws relating to retirement plans and retirement planning were left alone, with no major modifications.

Why The WSJ Is Wrong About Long-Term Care Planning

January 22, 2018
By:
Jamie Hopkins

A recent Wall Street Journal article, “Millions Bought Insurance to Cover Retirement Health Costs. Now They Face an Awful Choice,” has been circulating on the internet but for all the wrong reasons. The WSJ piece essentially falls into the “bad news sells” category of reporting.

Financial Advisers Should Avoid Error by Omission and Consider Reverse Mortgages

January 22, 2018
By:
Jamie Hopkins

Over the past few years, I have been very outspoken about the need for financial advisers to incorporate reverse mortgages into their practices, especially those acting under a fiduciary duty of care or doing retirement income planning.

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