Happy Thanksgiving from Commonwealth!

Posted by Commonwealth Financial Network

November 21, 2017 at 10:00 AM

This Thanksgiving, we wish you a joyous time spent with your family and friends.

Read More

Are There Hidden Financial Risks in Your Clients’ NQDC Plans?

Posted by Maureen Baxter, CLU, ChFC

November 15, 2017 at 1:30 PM

Nonqualified deferred compensation (NQDC) plans can be an effective tool for employers to recruit, reward, and retain select executives. But if they aren’t set up properly, there could be hidden financial risks in your clients’ NQDC plans that could be detrimental to both the firm and the covered employees.

Read More

Topics: Financial Planning

New Portability Rules for Estate Taxes: A Simplified Opportunity

Posted by Justin C. Duft, JD, CFP, CLU, ChFC, CLTC

November 14, 2017 at 10:00 AM

Looking for a way to help clients simplify their estate taxes, especially after the death of a spouse? The IRS’s new portability rules for estate taxes may be just the opportunity your clients need. The agency’s recently released Revenue Procedure 2017-34 allows for a deceased spouse’s unused exclusion amount to be transferred to the surviving spouse retroactively, offering the potential for substantial savings.

Read More

Topics: Estate Planning

Retirement Savings Strategies for Clients with Small Businesses

Posted by Sheryll Yee

November 8, 2017 at 1:30 PM

Discussing retirement savings strategies for clients with small businesses can be challenging. After all, there are many things to consider, including cost, tax implications, personal retirement savings goals, and maintenance. But by familiarizing yourself with the various plan options, you’ll be better equipped to assist your clients in making the best retirement savings decisions—for themselves and for their employees. Plus, being a go-to retirement expert just might lead to opportunities for your own business, such as gaining access to centers of influence, increasing your market audience, and possibly obtaining client referrals.

Read More

Topics: Retirement Consulting

An Advisor Action Plan for Encouraging Retirement Savings

Posted by Dan Collins

November 7, 2017 at 10:00 AM

The data on retirement savings tells a frightening story. According to the 2017 Retirement Confidence Survey from the Employee Benefit Research Institute (EBRI), 6 in 10 American workers feel confident in their ability to retire comfortably, yet only 18 percent feel very confident. What’s even more concerning? Just 41 percent of American workers report they or their spouses have attempted to calculate how much money they need to live a comfortable retirement.

Read More

Topics: Retirement Income Planning

Commonwealth Business Review
5 Ways to Affiliate
The Independent Market Observer, Brad McMillan

Follow Us