“Americans currently face a retirement income crisis, with too many people in danger of not having enough savings to maintain their standard of living and avoid sliding into poverty. The SECURE Act goes a long way in addressing this problem by making it easier for Americans to save.” -Chairman Richard Neal

Tax efficiency inside of your wealth management solution. While you can’t control the tax laws, understanding them may help save you money now and over multiple years.

Charles Schwab and TD Ameritrade have reached an agreement for Schwab to acquire TD Ameritrade. The combined company will retain the Schwab name, and will reflect the best that each legacy firm has to offer, including leading wealth management and trading platforms.

The IRS on Wednesday issued the 2020 retirement plan contribution limits, annual inflation adjustments for many tax provisions as well as the 2020 tax rate tables for individuals and estates and trusts. These adjusted amounts will be used to prepare tax year 2020 returns in 2021.

Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase by 1.6 percent in 2020.

What the zero commission announcement from and Schwab and TD means to you going forward is that stock, ETF and option trading commissions, which had been between $6.95 and $4.95, are now zero.

Tax planning isn’t just about filing once a year. It’s also about protecting your wealth and assets for the future, including retirement and estate planning.

Saving for retirement might be a part of your current budget. But do you know if you're saving enough? Thinking about your retirement budget now can help you prepare for the future.