Deferred-income annuities (DIAs) have received a lot of attention with new Treasury Department regulations encouraging their use. Many tout them as providing the most cost-effective way to generate retirement income. But retirement products are not one-size-fits-all. I'll show where DIAs fit among the products and investment solutions available to advisors.
The Treasury Department announces a rule that will allow retirement plan participants access to deferred-income annuities, also known as longevity insurance.
During a Senate hearing, Yellen said she would look into tax benefits, Social Security and ways to help Americans save
If you're receiving Social Security or Railroad Retirement benefits and don't typically file tax returns, you have just until tomorrow to log onto a government website to make sure your children are counted in your stimulus payment. Otherwise, you will see the money for eligible minors in your tax return next year.
Nonprofits are expressing concern about proposed regulations from the Internal Revenue Service and the Treasury Department that could give charities the option of providing Social Security numbers of donors who contribute more than $250 to their organizations.
People could see money in their accounts as soon as April 7. But who exactly qualifies? Here is what the IRS and Treasury Department said.
Maybe we should start reading those privacy agreements instead of just mashing “Accept.” Tonight’s main event: Corporate Surveillance vs. Constitutional Rights - and it’s sure to be a bloodbath. The US Treasury Department wants your private app data in order to make it easier to monitor and track down tax dodgers and, well, anyone they feel isn’t paying their fair share.
If you apply for Social Security or Supplemental Security Income benefits, a new law went into effect March 1, 2013, requiring that you receive your payments electronically. If you did not sign up for electronic payments when you applied for benefits, we strongly urge you to do it now. If you still receive checks, the U.S. Department of the Treasury will contact you about complying with…
Investors are demanding more yield to hold some short-term Treasurys with the greatest risk of delayed payment. Meanwhile, they are driving down yields on a dwindling supply of others.
Keeping your address up to date with a my Social Security account helps us mail your important documents to the correct place. If you receive benefits, you can use my Social Security to update your address. If you’ve moved recently, updating your information sooner rather than later will help us deliver important documents to you, including: Your Social Security Benefit Statement (SSA-1099); Important notices; and Your…
Will the power-of-attorney that your attorney drafted for you as part of your estate plan be accepted by Social Security? Say you suffer an accident and can't call or go to the Social Security office when a question about your Social Security benefits comes up. A POA is not recognized by the Treasury Department for the purposes of negotiating Social Security or Supplemental Security Income checks…
Payments of up to $1,200 for individuals and $2,400 for married couples are already getting sent out to millions of Americans this week. The government is now rolling out new ways to update your information to make sure you get a timely and accurate payment. Here's how to find out if this applies to you.
The Disability Insurance Trust Fund from Social Security is scheduled to be fully depleted by late 2016, according to a report by the Social Security and Medicare Boards of Trustees. After that point, dedicated revenues are expected to cover about 80% of scheduled benefit payments. The Treasury Department said legislation is needed to address the shortfall. The report also discusses the scheduled depletion dates for other…