The Blue Blaze

Trump's Executive Order on Retirement:  What You Should Know

Posted by John Munley & Kevin Talty on Oct 4, 2018 6:43:00 PM

 

Out of all of President Trump’s colorful tweets recently, the one that caught our attention was a rather boring one relating to retirement, because we LOVE this stuff! While boring, if passed this could have a direct effect on how you live after 70 ½.

This summer President Trump signed an executive order for Treasury & Labor Departments to review ways to make small employer retirement plans more affordable and accessible in addition to extending and/or pushing back the Required Minimum Distribution (RMD) requirements.

In this edition of The Blue Blaze, we’d like to focus on the RMD requirements and why this matters to you and making it through retirement.

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Topics: Retirement, Planning, Financial Services

The Federal Fiduciary Rule is Dead. Long Live the Fiduciary Rule.

Posted by Frankie Corrado on Sep 13, 2018 9:58:00 AM

 

Following a long and extensive battle with government bureaucracy, the Fiduciary Rule died on June 21, 2018. The Rule is remembered fondly by its many supporters for the transparency and objectivism it was meant to bring to the financial services industry. It is mourned by the many who believed in its unfulfilled potential.

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Topics: Values, Optimal Life,, Financial Services, Financial life guidance, Fee only, Fiduciary, Fiduciary rule, Ethics

1 Easy Thing You Can Still Do to Lower Your Tax Bill for 2017

Posted by Frankie Corrado on Feb 13, 2018 2:51:48 PM

 

A client of mine recently asked me if she could still make a 401k contribution for the prior year (2017). Unfortunately I had to explain that no, she couldn’t - that window closed on December 31st.

But good news! There is still time to save in a tax-smart way for the prior year.

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Topics: Optimal Life,, Tax prep, Financial life guidance, Financial Services

Newly Moneyed Millennials Want Robo Investors. Really?

Posted by Frankie Corrado on Feb 23, 2017 12:18:55 PM

According to Bloomberg Businessweek, a venture backed startup is banking on the notion that millennials with money to invest want options that align closely with their social values and that they would rather use a robo advisor than a flesh and blood financial expert.

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Topics: Financial life guidance, Financial Services, Millennials

The Financial Services Industry is Charging You All Wrong

Posted by Frankie Corrado on Jan 26, 2017 1:54:59 PM

If you’ve always had a sneaking suspicion that your financial advisor is profiting from his advice to you, you’re probably right.

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Topics: Financial life guidance, Financial Services, Pricing