From the moment they were introduced nearly 25 years ago in the Taxpayer Relief Act of 1997, the Roth IRA has been an incredibly popular retirement vehicle, thanks to its ‘unlimited’ potential for generating tax-free growth. Of course, the caveat is that Roth-style accounts are only tax free because the contributions into the account are […]
Archives for 2021
Tax-News.com: US Lawmakers Approve New Cryptoassets Reporting Rules
The US Senate has approved the inclusion of new provisions in the bipartisan infrastructure bill to require intermediaries involved in cryptocurrency trading to report details about transactions.
Tax-News.com: Hong Kong Discusses US Termination Of Shipping Tax Pact
The Hong Kong Government has said it is looking at potential measures to support the shipping industry following the decision by the US Government to terminate the two territories’ agreement that exempted shipping industry income from tax.
Small Business Grants: What to Know Before Applying
Whether you’re a startup or have been in business for years, you may be considering applying for outside funding. This could include receiving small business loans, obtaining investors, or applying for grants. Small business grant funding can be the most complex, but most desirable, option. So, what are small business grants, and what should you […]
#FA Success Ep 243: Scaling $1B Of Organic Growth In Under 5 Years With Targeted Multi-Niche Online Education, With James Bogart
Welcome back to the 243rd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is James Bogart. James is the CEO and President of Bogart Wealth, an RIA located in McLean, Virginia that manages $1.8 billion of assets for 900 households. What’s unique about James, though, is that his firm has nearly […]
Multibillion-dollar advisor leaves Merrill Lynch for Morgan Stanley
8m set to shun financial advice at retirement
Some 8m people are planning a DIY approach to retirement and planning to avoid professional financial advice but admit they do not know how to avoid running out of money in retirement, according to a new study. The LV= Wealth and Wellbeing Monitor says despite the risks many are reluctant to take financial advice. The […]
8m set to shun financial advice at retirement
Some 8m people are planning a DIY approach to retirement and planning to avoid professional financial advice but admit they do not know how to avoid running out of money in retirement, according to a new study. The LV= Wealth and Wellbeing Monitor says despite the risks many are reluctant to take financial advice. The […]
Lifting Advisor Wellbeing By Focusing On Time And Income Over Revenue Alone
The career path of becoming a financial advisor has long been lauded as an opportunity that pairs together a high income potential with the flexibility of building your own book of clients (or the outright benefits of being an entrepreneur building an independent business). The caveat, though, is that while financial advisors do generate an […]
