Weekend Reading For Financial Planners (July 4–5)
Enjoy the current edition of “Weekend Reading for Financial Planners” – this week’s edition begins on the eve of when individuals can open and fund Section 530A “Trump” accounts. The IRS has issued a revenue procedure. By enacting safe harbor rules that would greatly reduce the number of individuals filing gift tax returns for contributions to these accounts, taxpayers must be individuals who donate and the contributions must be made in cash. Which is the administrative burden of contributing to accounts for parents, grandparents, and others, even though these individuals may broadly consider other savings vehicles (such as taxable custodian accounts or 529 plans) for future generations to serve their purpose better.
Also in industry news this week:
- of The SEC has submitted a proposal that would make electronic filing a default For RIAs and asset managers (allowing clients and investors to opt-in to receive paper copies)
- According to the survey Wealthy families are looking for more than just tax efficiency. When it comes to state planning, it is about creating frameworks that define the purpose and meaning of their wealth for the next generation.
From here we have many articles about retirement planning:
- An updated study on pensioner spending trends He discovered that they might look like ‘smiles’ or ‘smiles’, with implications for initial release values.
- The story of the ‘last decade’ in the stock market And how financial planners can help clients prepare for them
- How historical views help customers Better understanding of abstract retirement income strategies (and how their portfolio and income strategies have performed over different historical periods)
We also have several articles on referral marketing:
- Key parameters b Measuring the success of a marketing strategyIncluding average new customer revenue and percentage of qualified leads
- of Pros and cons of keeping marketing in-house Using an external service provider (and that a hybrid approach offers the best of both worlds)
- how Having a marketing “point person”. At a consulting firm, he can ensure that marketing efforts don’t slip through the cracks.
We wrap up with three final articles about enjoying the holiday weekend:
- The science behind fireworksInnovations in sound effects, how different colors are created
- Why do you control temperature and humidity? The key to success And how the ‘best’ fuel source can depend on the chef’s priorities.
- How to choose and use sunscreen To avoid a bad sunburn after a day at the beach or pool
Enjoy ‘light’ reading!
