Parents’ Uneven Support of Adult Children Raises Fairness Concerns A recent advice column discussion highlights the challenges parents face when providing support to adult children, particularly when circumstances differ despite …
Finding a Financial Planner with $80,000: What Investors Need to Know Investors with around $80,000 in assets may face challenges finding a financial advisor willing to take them on, particularly …
Google Sues Cybercriminal Group Behind Massive Smishing Operation Google filed a lawsuit yesterday against a foreign cybercriminal group responsible for a widespread SMS phishing, or “smishing,” operation that has impacted …
Millions Risk Costly IRA Mistakes with Outdated Beneficiary Designations Millions of Americans could face significant financial consequences due to overlooked or outdated beneficiary designations on their Individual Retirement Accounts (IRAs), …
Social Security Benefits to Increase 2.8% in 2026 The Social Security Administration announced today that beneficiaries will see a 2.8% cost-of-living adjustment (COLA) in 2026, translating to an average increase …
Elderly Investor Allegedly Overcharged by Financial Advisor, Sparks Concerns Over Fiduciary Duty An 80-year-old woman was allegedly subjected to excessive fees and misrepresented performance reports by her financial advisor, raising …
Financial Advisors Increasingly Rely on Generative AI, Study Finds A significant majority of financial advisors – 85 percent – now view generative AI as a benefit to their practice, a …
Inherited Wealth: Tax Implications and Strategies for Daughters Differing Financial Situations Financial experts say there’s no tax difference for recipients whether an inheritance is received as cash or used for …
Inherited IRAs Face New Rules, Potential Penalties in 2025 Heirs to Individual Retirement Accounts must navigate increasingly complex rules, particularly a 10-year distribution requirement and upcoming mandatory withdrawals, or risk …
ACA Open Enrollment Looms with Potential for Dramatic Premium Increases Open enrollment for health insurance through the Affordable Care Act marketplace begins November 1st in most states, but millions of …
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