Abnormal Returns

FEBRUARY 7, 2024

morningstar.com) The upside of a qualified charitable distribution or QCD. nytimes.com) A record number of Americans are going to turn 65 over the next few years. (open.spotify.com) Taxes What happens if you don't file and/or pay your taxes. financialducksinarow.com) Who pays taxes on Social Security benefits?

Retirement 289

Retirement Transportation Taxes Distribution 289

Carson Wealth

JANUARY 5, 2023

Traditional 401(k)s, 403(b)s, and IRAs offer a tax deferral on contributions and growth until distribution. Their Roth counterparts can provide an inverse benefit: Contributions are taxed up front, but growth and qualified distributions are tax-free. One of those is the Required Minimum Distribution (RMD) rule.

Distribution 98

Distribution Retirement Planning Taxes 98

Calculated Risk

SEPTEMBER 12, 2024

. • Quarterly change:  From the second quarter of 2023 to the second quarter of 2024, the total number of mortgaged homes in negative equity decreased by 4.2%, to 1 million homes or 1.7% Annual change:  From the second quarter of 2023 to the first second of 2024, the total number of homes in negative equity decreased by 15%, to 1.1

Numbers 234

Numbers Distribution Insurance Taxes 234

Calculated Risk

SEPTEMBER 11, 2023

Today, in the Calculated Risk Real Estate Newsletter: Q2 Update: Delinquencies, Foreclosures and REO A brief excerpt: In 2021, I pointed out that with the end of the foreclosure moratoriums, combined with the expiration of a large number of forbearance plans, we would see an increase in REOs in late 2022 and into 2023.

Distribution 246

Distribution Numbers Planning 246

Nerd's Eye View

JANUARY 4, 2023

Further, given that a client’s monthly distributions will almost certainly change at some point when implementing a guardrails strategy, they must understand what this means in practical terms. If the portfolio balance declines due to excess distributions (e.g.,

Retirement 246

Retirement Distribution Retirement Planning Asset Allocation 246

Nerd's Eye View

FEBRUARY 23, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that while both the total number of RIAs and advisor headcount have seen significant gains in recent years, client assets remain concentrated among the largest firms, according to data from Cerulli Associates, with the 7% of RIAs (..)

Financial Planner 246

Financial Planner Certification CFP Financial Advice 246

Nerd's Eye View

APRIL 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting (..)

Financial Planner 246

Financial Planner CFP Financial Advisor Retirement Planning 246

The Big Picture

JUNE 22, 2023

I suspect most people don’t have any idea about these numbers, and imagine the various starts to be closer together in dollar amounts than they actually are. The top 0.01% of US households had at least $111 million in net worth in 2012, compared to $4 million for the 1 %.

Distribution 306

Distribution Assets Numbers Economics 306

Nerd's Eye View

JULY 19, 2024

Also in industry news this week: A new survey of RIAs indicates that about 1/3 of respondents have been in serious M&A negotiations during the past 3 years and that many firms are embracing a hybrid work environment, with employees splitting time between working from home and from the office The IRS on Thursday issued final regulations regarding (..)

Financial Planner 246

Financial Planner Distribution Accounting Numbers 246

Nerd's Eye View

AUGUST 28, 2023

For instance, TD Ameritrade rep codes that are used to organize client accounts will be converted to an 8-digit Schwab "master number", which is used for account grouping, billing, account service, and more. Additionally, any open trade orders (e.g.,

Financial Advisor 246

Financial Advisor Distribution Clients Accounting 246

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0 backdoor Roth conversions).

Tax Planning 246

Tax Planning Planning Taxes Retirement Planning 246

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0 backdoor Roth conversions).

Tax Planning 246

Tax Planning Planning Taxes Retirement Planning 246

Nerd's Eye View

AUGUST 2, 2023

For instance, the Federal Adoption Credit provides a nonrefundable credit of up to $15,950 per child for adoptions in 2023 (claimed on 2024 tax returns), with no limit on the number of adopted children to whom this credit can apply.

Taxes 246

Taxes Planning Financial Advisor Strategic Planning 246

Nerd's Eye View

DECEMBER 23, 2022

From gradually raising the RMD age to 75 to expanding opportunities to make Roth-style contributions, to increasing the annual limit for Qualified Charitable Distributions, this legislation will likely impact nearly all financial planning clients!

Financial Planner 246

Financial Planner Retirement Planning Financial Planning Budgeting 246

Nerd's Eye View

NOVEMBER 18, 2022

From there, we have several articles on tax planning: How advisors can add value for their clients by managing their exposure to mutual fund capital gains distributions. How advisors can help their clients turn their HSAs into wealth-building machines.

Financial Planner 246

Financial Planner Tax Planning CFP Taxes 246

Nerd's Eye View

MAY 1, 2023

Rowe Price has acquired Retiree Income, the parent company of popular retirement income planning software SSAnalyzer and Income Solver, to put its resources behind developing and distributing the company’s planning tools (albeit perhaps more to its retail and employee retirement plan clients than to advisors?).

Taxes 245

Taxes Retirement Planning Advertising Retirement 245

Nerd's Eye View

JANUARY 13, 2023

From there, we have several articles on retirement planning: The latest rules for 2023 Required Minimum Distributions from inherited retirement accounts. We also have a number of articles on investment planning: A recent study indicates that rebalancing a portfolio on an annual basis is superior to longer or shorter time horizons.

Financial Planner 241

Financial Planner Retirement Planning Retirement Compliance 241

Calculated Risk

AUGUST 15, 2023

Any number above 50 indicates that more builders view sales conditions as good than poor. Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor. All three major HMI indices posted declines in August.

Sales 244

Sales Distribution Numbers Marketing 244

Nerd's Eye View

JANUARY 31, 2024

This allows the account to grow on a tax-deferred basis, with income to beneficiaries being taxed when distributions are made. Notably, her strategy to preserve her son's wealth while meeting her own charitable goals relies on 4 key principles. Second is that the CRUT is testamentary (i.e.,

Financial Advisor 246

Financial Advisor Estate Planning Nonprofit Financial Planner 246

Nerd's Eye View

DECEMBER 4, 2023

This month's edition kicks off with the news that Black Diamond has announced the launch of its own CRM system, targeting advisors at mid-size firms who have data complexity and workflow needs greater than what more basic CRM options can accommodate, but who don't yet need (and don't want to pay for) the Salesforce-based options – like Black (..)

Financial Advisor 246

Financial Advisor Clients Planning Distribution 246

Nerd's Eye View

NOVEMBER 4, 2022

We also have a number of articles on taxes and end-of-year planning: The importance for advisors of understanding current RMD rules to ensure their clients take the proper distributions (and avoid a 50% penalty in the process!).

Financial Planner 240

Financial Planner Financial Advisor Retirement Planning Medical 240

The Big Picture

OCTOBER 30, 2024

So investors that focus only on dividends historically now miss over half of the picture on how companies distribute their cash. So it, it really captures a number of, of factors and characteristics. I don’t trust the numbers. And any given year since then, there’s been more buybacks. This is also important.

Investing 147

Investing Investments Valuation Numbers 147

Nerd's Eye View

AUGUST 1, 2022

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Catchlight offers up a new system that scans information about prospects online to determine which ones are ‘qualified’ and worth pursuing further.

Financial Planning 246

Financial Planning Financial Advisor Commission Planning 246

The Big Picture

MARCH 10, 2025

” A : The standard answer is Accumulation, Maintenance Distribution , but let’s dig deeper. Our experiences mashed up with three different personalities and three different outlooks on money. ” Q :“ How does our relationship with money change during different life phases?

Investing 195

Investing Investments Food Ethics 195

The Big Picture

JANUARY 13, 2023

Life Lessons from 1,000 Years : I asked a number of 90-year-olds a simple question: “If you could speak to your 32-year-old self, what advice would you give?” With billions of dollars available to improve transportation infrastructure, states have a chance to try new strategies for addressing congestion. New York Times ).

Media 276

Media Transportation Engineering Distribution 276

Nerd's Eye View

JULY 12, 2024

Also in industry news this week: 2 House committees this week advanced legislation that would halt implementation of the Department of Labor's new Retirement Security Rule, which, combined with ongoing lawsuits, threaten to derail the regulation either before or soon after it becomes effective in late September A Federal judge has put the future of (..)

Financial Planner 189

Financial Planner Tax Planning Clients Accounting 189

Calculated Risk

DECEMBER 8, 2023

Today, in the Calculated Risk Real Estate Newsletter: Q3 Update: Delinquencies, Foreclosures and REO A brief excerpt: In 2021, I pointed out that with the end of the foreclosure moratoriums, combined with the expiration of a large number of forbearance plans, we would see an increase in REOs in late 2022 and into 2023.

Distribution 173

Distribution Numbers Planning 173

Nerd's Eye View

DECEMBER 15, 2023

Also in industry news this week: Most businesses that operate in the U.S.,

Financial Planner 246

Financial Planner Retirement Taxes Insurance 246

Nerd's Eye View

JANUARY 1, 2024

This month's edition kicks off with the news that held-away asset management platform Pontera has raised $60 million in venture capital funding as advisors increasingly seek to directly manage clients' 401(k) and other outside assets – although an ongoing investigation by Washington state regulators over whether advisors' use of Pontera violates (..)

Retirement Planning 246

Retirement Planning Startup Compliance Clients 246

Calculated Risk

MAY 31, 2023

In a report later this week I will discuss some of the issues associated with the Census population numbers with respect to age distribution and discuss how that impacts folks trying to project the population by age. The table below focuses on housing/household related data. There is much more in the article.

Distribution 130

Distribution Numbers 130

Calculated Risk

SEPTEMBER 18, 2023

Any number above 50 indicates that more builders view sales conditions as good than poor. And on the supply-side front, builders continue to grapple with shortages of construction workers, buildable lots and distribution transformers, which is further adding to housing affordability woes.

Sales 182

Sales Distribution Numbers Insurance 182

Nerd's Eye View

AUGUST 29, 2023

What's unique about Jeff, though, is how he built his own financial planning spreadsheets in Excel, and has developed coding and integrations that automatically populate into a PowerPoint presentation, that he then shows clients to help build a story for their financial plans and give them the motivation they need to achieve their financial goals… (..)

Planning 245

Planning Clients Financial Planning Financial Advisor 245

Calculated Risk

DECEMBER 13, 2022

Weakening housing demand and the resulting decline in home prices since the spring’s peak reduced annual home equity gains and pushed an additional number of properties underwater in the third quarter,” said Hepp. This number declined by 9.8% This graph from CoreLogic compares Q3 2022 to Q2 2022 equity distribution by LTV.

Numbers 147

Numbers Distribution Accounting 147

Carson Wealth

DECEMBER 31, 2024

The simplest form of estate equalization would be dividing all your assets equally by the number of children you have. Equal Distribution vs. Equal Value Equal distribution of an estate is usually the simplest, mathematically speaking. This number is $13.61 Simple division, right? million per person in 2024.

Estate Planning 52

Estate Planning Planning Taxes Distribution 52

The Big Picture

MARCH 31, 2023

The platform had punched above its weight in pure user numbers thanks to an unrivaled ability to both distribute real-time information and make expertise available. Combine these elements with your own critical faculty — to weed out the usual spam and bs — and it could feel like the only place online that really mattered.

Banking 162

Banking Math Distribution Investment Advisor 162

Darrow Wealth Management

MAY 6, 2024

If your parent had a trust, the individual(s) named in the trust documents as successor trustee will control the distribution of the trust assets. The estate account will need to get a separate Employer Identification Number (EIN). Trusts Trusts can be distributed in many ways. The attorney typically does this.

Estate Planning 100

Estate Planning Distribution Accounting Valuation 100

Carson Wealth

DECEMBER 10, 2024

You can receive a tax deduction on the full fair market value of your funding in the year you fund it but, since there are no mandatory annual distributions, you can take as much time as you want to hand out your donations. But they must distribute at least 5% of the assets each year.

Taxes 52

Taxes Distribution Financial Advisor Assets 52