Retirement

The New York State Society of CPAs has asked Congress to consider new legislation that would temporarily waive tax penalties for taxpayers who are forced to make early withdrawals from retirement accounts due to financial hardship caused by the economic crisis.

Many small business owners are confused by the fee notices and costs of their 401(k) plans and have trouble answering questions from employees, according to a new survey.

Find out if offering family office services is right for your firm

The focus of most taxpayers on their income taxes, small business taxes and potential estate taxes, with a gripe now and then about local sales taxes, misses a big chunk of the portion they pay every year: property taxes.

Employers in a recent survey overwhelmingly said they favor keeping workers past retirement age.

As sales of exchange-traded funds boom, the Securities and Exchange Commission’s Office of Investor Education and Advocacy has released an investor bulletin on the investment vehicle that highlights the view that not all ETFs are created equal.

Genworth Financial Trust Company announced a new program to help independent financial advisors find the trust companies best suited to working with them.

The estimated 72 million 401(k) participants have something to look forward to at the end of this month: On August 30, the Department of Labor's Employee Benefits Security Administration participant fee disclosure rule, dubbed ERISA 404(a)(5), will go into effect.

About 35 percent of women report using a financial advisor and another 35 percent who don't use an advisor would consider doing so, according to a new survey from Prudential Financial.

More than a third of retirement plan participants admitted that they either “guessed” or “made up” their estimates for how much income they would need in retirement, according to a new survey, while only 30 percent said they consulted with a professional for help in setting their goals.

Odds have now turned against those hoping that the health care law passed in 2010 will "just go away."

Orlando-based CPA firm Berman Hopkins Wright and LaHam CPAs has partnered with Direct Retirement Solutions to establish Berman Hopkins Retirement Solutions LLC, a retirement planning, consulting and advisory services company for businesses throughout the Southeast.

For Americans long subject to the complexities and confusions of the Internal Revenue Code, it may come as a shock to find that some believe the U.S. to be a tax haven.

The Internal Revenue Service said Tuesday that it plans to help U.S. citizens who reside in foreign countries, catch up with their tax-filing obligations and offer assistance to those with foreign retirement plans.

The hallowed retirement age of 65 is being quietly retired.

Investment fraud and financial exploitation of senior citizens are getting worse, according to a new survey.

A new report from the Federal Reserve indicates that the median net worth of American families plummeted by 38.8 percent in the aftermath of the recession.

One accounting firm's approach to integrating financial planning as a service line

Bankruptcy trustees face challenges with retirement plans

Top 100 Firm Postlethwaite & Netterville's Melissa Peroyea receives Health Care Leadership Award