No one ever accused Donald Trump of knowing much about the economy. That fact comes through loud and clear in his tax cut proposals. These were exempting tips, Social Security, and overtime pay from taxes, and also making the interest on auto loans tax deductible.
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Thrivent plans to hire nearly 600 new financial advisors in 2025 for a range of roles across multiple advisory models – from employee to independent – with an emphasis on strengthening and expanding advisor teams.
For the first time, retirement-related challenges topped the list of financial concerns keeping Americans up at night.
Retirement confidence and ‘the great decide’
Americans are on the precipice of huge financial choices as they prepare for retirement – a phenomenon described as “the great decide.”
Almost all workers saving in 401(k) plans (93%) say it is important for their retirement plans to provide options for converting savings into guaranteed monthly retirement income that never runs out, while 87% think employers have a responsibility to help employees achieve retirement income security.
How to make facing retirement alone less stressful
Millions of single Americans will face retirement without a partner, adding financial strain to this significant life transition.
GDP growth slowing but no recession in sight
The Conference Board said this week that the 1.6% projected GDP growth rate is up slightly from the 1.2% growth rate the board predicted in April – when President Donald Trump first announced a broad set of tariffs on trading partners
Gen Z getting serious about finances
Generation Z is beginning to make its mark on the world, and they are proving to be the most serious generation when it comes to finances.
The proposal, which is one piece of a sweeping bill to enact President Trump's domestic agenda, including large tax cuts and increased military spending, omits the structural changes to Medicaid that ultraconservative Republicans have demanded. Republicans have toiled to assemble a number of cuts large enough to meet that goal, which fiscal hawks have…
Brookfield Asset Management touts big first-quarter fundraising
As private equity giants jockey for assets, Brookfield Asset Management staked its claim with a powerful first-quarter performance.
Making the most of Disability Insurance Awareness Month
May is Disability Insurance Awareness Month, time for agents and advisors to raise awareness about the importance of income protection.
–The Guardian Life Insurance Company of America ® has announced that Guardian MarketPerform ®, its Registered Index-Linked Annuity, is now available in New York. First launched nationwide in 2024, Guardian is also introducing additional investment customization options to Guardian MarketPerform. Guardian MarketPerform is a long-term, tax-deferred…
Family says dementia victim was improperly sold annuities
The defendants sold Jay Jacobson $2 million worth of annuities from 2019 and 2023, Joan Jacobson said, with no death benefits.
The majority (55%) of Americans believe that to achieve long-term financial security, it is “highly important” or “critical” to get professional financial advice between the ages of 25 and 39.
Why Social Security alone isn’t enough — Is Tony Robbins’ warning still relevant?
InsuranceNewsNet looks back on Tony Robbins’ book, “Money: Master the Game,” to see if his thoughts on Social Security still apply.
Economic pressures continue to force young adults back home, according to Thrivent’s fourth annual Boomerang Kids Survey.
Women and wealth: The opportunity for advisors
Significant financial tailwinds are driving the conversation around women and wealth.
Weathering the storm: Investing with confidence in volatile markets
Help clients tune out the noise and focus on their long-term investment goals.
Retired advisor helps others sharpen their financial literacy skills
Money is the one tool we all use, and anyone can sharpen their skills with it. Those are the words that Stephanie Batten lives by as she helps others hone their financial literacy skills.
Retirement plans could be hit by expiring tax cuts, survey finds
CFP professionals are warning expiring tax cuts could pose significant risks to their clients’ financial goals.
