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News & Blog

Our expert faculty are frequent contributors to consumer-based media as well as to more scholarly academic publications. Keep current with recent developments in the retirement income planning field and check out the latest articles from the thought leaders who are part of the The American College New York Life Center for Retirement Income.

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.

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.

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.

Tax Reform Changes To Recharacterizations And Roth IRA 2018 Contribution Limits

January 4, 2018
By:
Jamie Hopkins

While the tax cuts and changes might have a big impact on government program cuts to Medicare, Medicaid, and Social Security in the future and might also significantly impact how people save, spend, and invest money, only a few direct changes were made to retirement planning laws.

Tax Reform Is Here: 4 Moves To Make By End of 2017

December 23, 2017
By:
Jamie Hopkins

Tax law changes are here. On Friday December 22, 2017, President Trump signed the bill, with most of the provisions taking effect in 2018. That leaves little time for tax planning with the holidays and two weekends before the New Year.

4 Reasons To Start Using A Roth IRA In 2018

December 21, 2017
By:
Jamie Hopkins

If you want a more secure financial future and retirement, it is time to consider using a Roth IRA. Unfortunately, most people don’t. Roth IRAs remain a vastly underutilized retirement savings and investment vehicle. Instead, most people tend to rely on a traditional IRA or 401(k) account.

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