-
-
-
-
-
Bush Signs Appointment For SIPC Chair, Board Members: William R. Timken Jr., Thomas W. Grant and Noe Hinojosa Jr. have been confirmed to serve as directors of the Securities Investor Protection Corp., which maintains a reserve fund authorized by Congress to help investors at failed brokerage firms.
May 13 -
In some situations, it’s possible for the owner of a life insurance policy who is terminally or chronically ill to get cash out of the policy without any tax cost while he is still alive.
May 13 -
-
-
A partial home sale exclusion may be available for taxpayers who fail to qualify for the two-out-of-five-year ownership and use rule, or who have previously used the exclusion on the sale of another home within the two-year period ending on the sale date of the current home.
February 24 -
by Melissa Klein
February 24 -
-
The Principal Financial Group to Acquire BCI Group: The Principal Financial Group, a provider of 401(k) plans, announced that it will acquire Appleton, Wis.-based Benefit Consultants Inc. (BCI Group), a consulting, actuarial and administration firm that specializes in the administration of employee stock ownership plans.
January 27 -
by Bob Rywick
January 27 -
-
NASD Fines AmEx Financial Advisors $350K for Improper Sales: The National Association of Securities Dealers has censured and fined American Express Financial Advisors Inc. $350,000 for its questionable sales of variable annuities and variable life insurance products.
January 6 -
-
-
The Principal Financial Group Unveils COLI Financing Options: Employee benefits provider and 401(k) administrator the Principal Financial Group has introduced Benefit Variable Universal Life, a financing vehicle for nonqualified deferred compensation plans for both smaller and growing companies.
December 16 -
by Bob Rywick
December 16 -
Financial Data Aggregator Partners with Portfolio Software: ByAllAccounts, a financial data aggregation company, is pooling its resources with wealth management software provider netDecide to design a new product for financial planning professionals.
November 25