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News, trends and helpful peer advice for financial advisors.

Top Stories

11 hours ago
Image shows the Texas and California state flags
A pair of advisors paid the price last week for illegal dealings with clients.

Advisors in Texas and California banned for fraud scams

Two advisors were penalized last week for scamming clients and advisory firms out of hundreds of thousands of dollars.

March 20, 2026

Charitable giving planning can strengthen advisor/client relationships

As investors increasingly seek advice that goes beyond portfolio construction and performance, new research highlights charitable-giving conversations as an under-realized aspect of financial planning.

March 20, 2026

New $6K deduction could provide tax planning window for retirees

Following the One Big Beautiful Bill Act, eligible retirees may face a lower tax bill in the coming years.

More Stories

11 hours ago
Image shows the Texas and California state flags
A pair of advisors paid the price last week for illegal dealings with clients.

Advisors in Texas and California banned for fraud scams

Two advisors were penalized last week for scamming clients and advisory firms out of hundreds of thousands of dollars.

House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall

March 21, 2026

A bill advancing rapidly in the Iowa House would make a one-time tax increase on some health insurers and draw money from the Taxpayer Relief Fund to address the state's Medicaid shortfall. The bill would also include a $296.2 million transfer from the state's Taxpayer Relief Fund to account for state revenue declines caused by changes made through the…

Iowa House backs temporary tax hike to fill Medicaid gap

March 20, 2026

DES MOINES— A temporary tax increase on some health insurers advanced by Iowa lawmakers would ultimately raise health care costs for employers and families already struggling with rising premiums, insurance industry officials and business advocates warned, arguing the burden will be passed directly on to consumers. The Iowa House approved the proposal…

March 20, 2026

Charitable giving planning can strengthen advisor/client relationships

As investors increasingly seek advice that goes beyond portfolio construction and performance, new research highlights charitable-giving conversations as an under-realized aspect of financial planning.

Iowa Medicaid temporary tax plan draws sharp public opposition

March 20, 2026

What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…

March 20, 2026

New $6K deduction could provide tax planning window for retirees

Following the One Big Beautiful Bill Act, eligible retirees may face a lower tax bill in the coming years.

Iowa Medicaid temporary tax plan draws sharp opposition

March 19, 2026

What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…

Iowans voice concerns that HMO tax bill could raise health insurance costs

March 19, 2026

The bill was tentatively scheduled for debate Thursday in the Iowa House after it passed the Appropriations Committee in a 14-10 vote Monday. The proposal also would transfer $296.2 million from the Iowa Taxpayer Relief Fund to account for state revenue decreases caused by tax cuts through the "One Big Beautiful Bill" Act approved by President Donald Trump…

House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall

March 19, 2026

A bill advancing rapidly in the Iowa House would make a one-time tax increase on some health insurers and draw money from the Taxpayer Relief Fund to address the state's Medicaid shortfall. The bill would also include a $296.2 million transfer from the state's Taxpayer Relief Fund to account for state revenue declines caused by changes made through the…

Iowa Medicaid temporary tax plan draws sharp public opposition

March 19, 2026

What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…

March 18, 2026

High-risk assets gaining attention from many Americans

A sizable number of Americans – particularly young adults – are investing in or are considering investing in high-risk/speculative assets such as prediction markets, sports betting and cryptocurrencies.

LIMRA: Single premium pension risk transfer sales jump 132% in Q4 of 2025

March 18, 2026

New premium for single-premium products — both buy-out and buy-in contracts — surged 132% in the fourth quarter to $28 billion, according to LIMRA’s U.S. Group Annuity Risk Transfer Sales Survey.

Wellmark still worries over temporary tax hike

March 18, 2026

A proposal to temporarily increase a state tax on health insurance premiums to help cover a $1 billion shortfall in the state budget will impact Wellmark Blue Cross and Blue Shield, the state's largest health insurer, much less than the company originally feared, Wellmark officials and state administration leaders said. Kim Reynolds' administration has…

March 18, 2026

Where love meets preparation

The day my father gave me a gift of peace, clarity, preparation – and love.

March 17, 2026

Investors remain skeptical of AI in financial advice

Only 38% of affluent investors are comfortable with artificial intelligence, according to Cerulli Edge-U.S. Retail Investor Edition.  

House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall

March 17, 2026

A bill advancing rapidly in the Iowa House would make a one-time tax increase on some health insurers and draw money from the Taxpayer Relief Fund to address the state's Medicaid shortfall. The bill would also include a $296.2 million transfer from the state's Taxpayer Relief Fund to account for state revenue declines caused by changes made through the…

March 17, 2026

OBBBA opens the door for advanced wealth transfer strategies

The One Big Beautiful Bill Act opens the door for advisors to implement advanced wealth transfer strategies in 2026.

Health insurance premium tax bill advancing

March 14, 2026

Iowa House lawmakers are advancing legislation that would place a temporary tax increase on some health insurance companies in the state— matching a similar legislative proposal moving in the Senate. The House bill, like its Senate counterpart, would temporarily increase the tax on health insurance premiums from 0.925 percent to 3 percent to help the state…

The Medi-Cal money pit

March 14, 2026

If you’ re wondering why there are tax increases on top of tax increases this year, coming soon to a ballot near you if you haven’ t seen them already, one reason is Medi-Cal spending. In California, 14.5 million people are on Medi-Cal, the safety-net health insurance program for low-income people. A new report from the Legislative Analyst’ s Office warns that Medi-Cal…

March 13, 2026
Image shows the 5-Minute Finance logo and a chest marked "QLAC."
QLACs are not common, so it’s less likely for advisors to recommend them to clients in comparison to other fixed income options.

The untapped potential of Qualified Longevity Annuity Contracts

Annuities are a strong choice for clients looking to drive guaranteed income, providing different options for unique client situations.

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