| Advicent Reveals NaviPlan Updates Tied to Tax Cuts and Jobs Act |
|
Advisers generally are not qualified to represent their clients before the IRS, and so they generally must shy away from offering tax advice; but that doesn’t mean they can afford to ignore the broad or specific implications of recent tax reforms for their clients.
Read more > |
|
| Stranded Retirement Accounts a Bigger Problem Among Low Income and Millennials |
|
According to a study report, the strongest predictor of an account not being lost was the respondent’s knowledge of how to contact the company holding the account; accounts held by respondents who reported being able to do this were almost seven times less likely to be lost.
Read more > |
|
| Empower Launches My Total Retirement Planning and Advice Service |
|
“We will be offering My Total Retirement so that employers and their advisers can help employees with a holistic retirement planning experience that goes beyond savings and investing,” says Edmund F. Murphy III, president of Empower Retirement.
Read more > |
|
| Market Mirror |
| Tuesday, the Dow lost 171.58 points (0.68%) to finish at 25,007.03, the NASDAQ closed 77.31 points (1.02%) lower at 7,511.01, and the S&P 500 decreased 17.71 points (0.64%) to 2,765.31. The Russell 2000 was down 9.00 points (0.56%) at 1,592.05, and the Wilshire 5000 fell 183.50 points (0.64%) to 28,680.12.
The price of the 10-year Treasury note was up 6/32, decreasing its yield to 2.846%. The price of the 30-year Treasury bond increased 16/32, bringing its yield down to 3.101%.
|
|
