The Department of Labor released a final version of its fiduciary rule for retirement advisors last month. This would affect the roughly $1 trillion in assets that’s rolled over from 401(k) and other retirement plans to IRAs every year, and would take effect in September, unless it is delayed by court action. Financial advisors generally…
Year: 2024
Privacy Is Getting Harder To Protect
The right to privacy may seem like something that shouldn’t be given up. However, the sharing of personal data is sometimes required to get lower prices. In many cases, the choice isn’t whether to pay or give up privacy, it’s whether to give up privacy in order to use the product or not use it…
Solutions We May Not Know To Look For
We all grow old, but we may not want to acknowledge we’re getting older. However, there are benefits to getting older too, and not just experience. Many products are built specifically to make life easier for older Americans. Some of these products are so nice, people may wonder why they waited until they are older…
When a Living Trust is Your Friend
Frank Sinatra – a singer Michael Crichton – a writer Steve Jobs – a tech pioneer Robin Williams – a comedian Dwight D. Eisenhower – The President of the United States These may all be men you’ve heard a lot about, given their extraordinary success in their respective fields. However, you may realize that they…
Going Beyond the Will
According to legalzoom.com, 56% of Americans agree that estate planning is important. Surprisingly, then, only 34% actually have wills or other estate planning documents. Experience with COVID 19 makes a big difference, 41% of those who had family members with the disease have taken care of this chore. Those who have had COVID are 66%…