The bill extends President Trump's 2017 tax cuts. $930 billion in cuts to Medicaid $285 billion in cuts to SNAP $157 billion to boost military spending $150 billion for immigration enforcement $488 billion in cuts to clean energy credits $10 billion for Mars missionNo tax on tips, overtime, car loans Increase debt ceiling by $5 trillion. Senator Thom Tillis…
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Why many facing retirement no longer believe in retiring at 65
Many pre-retiree surveyed say they no longer subscribe to traditional retirement norms and strategies, such as the 4% Rule.
‘Off the rack’ model portfolios hit record $7.7 trillion as advisors embrace efficiency and scale
Model portfolios – ready-made third-party investment plans – surged to a record $7.7 trillion in assets in the first quarter of 2025.
With ‘the great wealth transfer’ underway, tools include life insurance, gifting strategies
The great wealth transfer is reshaping the financial landscape as trillions of dollars will change hands over the next 23 years.
Donald Trump's recently passed Big Ugly Contemptible Act is making an early stop in Colorado. The law, as you must know, is awful in so many ways— starting with large tax cuts for the wealthy, massive cuts to Medicaid, massive cuts to the SNAP program that helps feed children in less-advantaged families, the projected millions who will lose their health insurance,…
The power of the self-directed IRA
Many investors today are looking beyond the typical mix of stocks, bonds and mutual funds.
Financial planners embrace alternative investments in uncertain market
Financial planners are significantly increasing their use of alternative investments, amid ongoing economic uncertainty.
Americans trust advisors more than AI for financial advice
By a wide margin, most Americans today continue to trust financial advisors with their money management over artificial intelligence tools alone.
Life insurance and estate planning: Forge a powerful referral channel
The increasing complexity of wealth transfer makes collaboration less of an option and more of a necessity.
Worker interest rises for employer lifetime-income options in 401(k) plans
A rising number of workers who are saving in 401(k) plans say it is important for their retirement plans to provide life-time income options.
Housing wealth isn’t waiting for a seat at the retirement planning table
Reverse mortgages—specifically the Home Equity Conversion Mortgage (HECM)—have matured significantly over the last 20 years.
For Gen Z, optimism is key to retirement readiness, report finds
Optimism might be the real key to retirement readiness, especially for Generation Z.
Jul. 29— By Allison Kite, Star Tribune. Over the first four years, DHS expects the Medicaid changes to cost Minnesota and health care providers $1.4 billion in lost federal funding. Costs to enrollees are expected to rise, said John Connolly, a deputy commissioner for DHS.
Middle-class financial resilience returns to historical norms at start of 2025
The American Council of Life Insurers released its July 2025 Financial Resilience Index measuring middle-class households’ ability to manage financial challenges and plan for a stable future.
Uncertain economy leaves Americans insecure about financial planning
Americans are becoming more careful – and insecure – about their financial planning as the economy seems to become less stable.
Over the first four years, DHS expects the Medicaid changes to cost Minnesota and health care providers $1.4 billion in lost federal funding. Costs to enrollees are expected to rise, said John Connolly, a deputy commissioner for DHS, adding that Minnesotans will likely forego preventative care only to wind up in hospitals with emergencies.
Mild GDP slowdown predicted for second half of 2025
A mild slowdown in economic growth, a pullback in consumer spending and uncertainty over the impact of tariffs will impact the U.S. economy in the second half of 2025.
From new laws on medical debt to tax increases, and beer gardens to diaper changing station regulations, Washington lawmakers this year passed a wide variety of new bills. Coming soon: World Cup beer gardens. Julia Reed, D- Seattle, said the bill was brought to her by the city of Seattle as a priority as it prepares for the FIFA World Cup in 2026..
How are Gen Zers navigating their financial challenges?
Gen Z investors are exhibiting unexpected spending behaviors and digital strategies to navigate their financial challenges.
The majority of married Americans say a divorce would derail their retirement strategy, according to the 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement.
