by A&A Editorial Team | Sep 10, 2024 | A&A Editorial Team, Regulatory, Wealth
The Secure 2.0 Act, passed in 2022, is poised to introduce significant reforms to the U.S. retirement plan system, with several key provisions set to roll out between 2023 and 2026. As we stand on the brink of these changes, it’s important that financial...
by Bob Brzyski | Jul 1, 2024 | Bob Brzyski, Regulatory, Wealth
As we edge closer to 2025, the sunset of the Tax Cuts and Jobs Act (TCJA) is on the horizon, and it’s bringing potential changes that could shake up the financial scene for American taxpayers. Introduced back in December 2017 during President Donald Trump’s tenure,...
by A&A Editorial Team | Dec 18, 2023 | A&A Editorial Team, Regulatory, Wealth
The rules for 529 plans are changing, and financial professionals need to be prepared now to help their clients take advantage when these changes take effect. Starting in 2024, 529 account owners will have the option to use excess 529 plan funds to jumpstart the...
by Chris Campbell | Nov 29, 2023 | Chris Campbell, Life, Regulatory, Wealth
As an active agent in life insurance and annuity sales, it’s crucial to be aware of the practice of “fronting,” commonly known as ghostwriting. This practice presents a significant compliance concern for both the agent and the carrier and is strictly prohibited by the...
by Chris Campbell | Sep 27, 2023 | Chris Campbell, Protection/Income, Regulatory, Wealth
The Biden administration has made a renewed commitment to investing in infrastructure, and that could have a big impact on the investments that back the life insurance policies and annuity contracts of our clients. Register to read entire article or Username Password...
by Nathan Herzog | Feb 16, 2023 | Nathan Herzog, Protection/Income, Regulatory, Wealth
The Secure Act of 2019 caused a lot of headaches in the insurance industry as most carriers stopped doing non-qualified stretch annuities, and it got increasingly harder to place inherited funds for your clients. While Secure 2.0 unfortunately does not help with that,...
