Weekend Studying For Monetary Planners (November 18-19)

Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that legislative efforts to stop the enforcement of the Division of Labor’s newly proposed “retirement safety rule” have a cloudy future, as each Democrats and President Biden are opposing such efforts. Which means that, if enacted, the last word destiny of the proposed regulation, like its related predecessors, will doubtless be determined within the courts.

Additionally in trade information this week:

  • CFP Board has expanded the small print it gives concerning disciplinary actions, increasing transparency across the disciplinary course of for each CFP professionals and the broader public
  • A latest research means that advisory corporations that rent specialists are capable of provide extra planning providers and enhance the period of time advisors spend with shoppers, although doing so comes at a price

From there, we’ve a number of articles on retirement planning:

  • Why greater rates of interest and decrease inflation have led to an elevated preliminary protected withdrawal fee for retirees, in line with one evaluation
  • A gaggle of retirement ‘supernerds’ critiques a latest declare that retirees can confidently use an 8% protected withdrawal fee
  • Why retirees may take into account gifting whereas they’re alive reasonably than ready till their deaths to depart cash to family members and charities

We even have a lot of articles on tax planning:

  • How monetary advisors can add worth for shoppers by serving to them make Certified Charitable Distributions (QCDs) accurately
  • The vary of tax-savings alternatives advisors can uncover when reviewing a shopper’s tax return
  • A year-end tax planning guidelines advisors and shoppers can use to make sure there shall be no surprises when it comes time to file their 2023 tax returns

We wrap up with 3 last articles, all about managing wealth:

  • Why having vital wealth doesn’t immunize a person from worrying about cash
  • How advisors can help shoppers who’re coming into a relationship with unequal wealth
  • Budgeting and account administration instruments shoppers (and their advisors) can think about using following the upcoming shutdown of Mint

Benefit from the ‘gentle’ studying!

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