The Fiduciary Rule

The US government is doing something positive for retirement investors. The Department of Labor is putting out a new rule for financial advisors who provide investment advice on retirement investments:  they have to act in the best financial interest of the client and they have to disclose any conflicts they may have. This is called…

IRA Charitable Rollover signed into law

On December 18, 2015, President Obama signed the PATH Act  of 2015  (Protecting Americans From Tax Hikes) that permanently extends the IRA charitable rollover opportunity. Each IRA owner age 70.5 and over may make a tax-free gift of up to $100,000 per year directly from their IRA to eligible/qualified charities, including colleges, universities, and independent…