Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about Here’s how clients can beat the IRA tax burden for their heirsWith the stretch IRA strategy no longer available to non-spouse beneficiaries, advisors can help mitigate the tax impact on their heirs by converting regular IRA assets into a […]
Archives for 2020
Xero Global Release Update: February 2020
Check out the latest updates for small businesses and advisors, plus a peek at what’s coming soon. Xero changes and release updates can be found in Xero Central or keep an eye on the feature timeline for a summary of some of our bigger releases. Recently released Attach a file to a spend money – […]
What new investors should focus on
We built Liftoff for newer investors who want to get started with us for small dollar amounts and build their first financial plan. Betterment is our partner on Liftoff and it works great. I have an account on there of my own. The more I think about the topic of early investing, the more I […]
To Give is To Get: 3 Ways to Offer Value to Clients and Prospects
The saying “to give is to get” should be attributable to many aspects of one’s life and it rings true no matter what industry you work in. Giving of your time, energy, integrity, empathy, expertise and advice are just a handful of ways in which we also receive. Martin Luther King, Jr. said it best […]
Loan Default – What happens If I am unable to pay Loan on time?
Loan Default – Recently I got one email from one reader saying his financial condition is not good he is unable to pay the loan on time. What happens in the case of loan default? Well, as per rule when you take a loan, you have to repay the loan on time via EMI. However, […]
How Do You Measure Up Against Your Competitors?
Everyone wants to know how they’re doing. As a small business owner, this is critical to your survival. Because franchises often operate on tighter margins, knowing where to pull back on certain expenses (for example, marketing) or where to negotiate harder (for example, leasing property) or where to invest (buying new equipment) matters. If you’re […]
‘Six days to go:’ As coronavirus tears through Princess Cruise ship, Japanese officials evacuate vulnerable passengers
Members of media gather at the Diamond Princess cruise ship, operated by Carnival Corp., docked in Yokohama, Japan, on Friday, Feb. 7, 2020. Toru Hanai | Bloomberg Getty Images Japanese health officials are allowing the most vulnerable guests quarantined on the Diamond Princess docked just off of Yokohama to leave the cruise ship and complete […]
Balance Your Own Books With Help From These Courses
Take the hassle out of tax season, budgeting, and financial management. February 13, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. It’s […]
Off the ‘QT’: Does Fed nominee Judy Shelton have a balance sheet problem?
WASHINGTON (Reuters) – As an outside critic of the Federal Reserve, conservative economist Judy Shelton has slammed the central bank’s massive $4.2 trillion balance sheet as distorting financial markets and “largely benefiting people who have hefty stock-market portfolios.” It is also an entrenched part of how the Fed manages interest rates, and has been endorsed […]
Which Financial Statement Is Prepared First?
Your business’s financial statements give you a snapshot of the financial health of your company. Without them, you wouldn’t be able to monitor your revenue, project your future finances, or keep your business on track for success. Now, you can’t go off creating your different financial statements all willy nilly. Like many things in business, […]