Wealth management

Auto-enrollment of participants in 401(k) plans is likely to be most beneficial to young and low-income workers, according to new research.

An increasing percentage of tax advisors’ client base is now eligible for a Roth IRA, according to a survey of 500 tax advisors.

How does the board of directors or management team of a small or midsized business think about reversing a declining or distressed business?

Broker-dealer 1st Global said that it has engaged Nobel Prize winner Dr. Harry Markowitz as an advisor to the company’s Investment Management Solutions committee and as a consultant to 1st Global’s Investment Management Research Group.

The former president and CEO of the Park Avenue Bank has been arrested and charged with attempting to embezzle more than $11 million from the Troubled Asset Relief Program.

The University of Pennsylvania’s Wharton School, Dartmouth College and Rand Corp. have teamed up to launch a new Financial Literacy Center on the Internet.

Payroll and benefits outsourcing provider Paychex has opened its Paychex Retirement Services to fee-based advisors, allowing them to perform such functions as direct automated payments, consolidated reporting and tracking.

REHMANN MERGES IN DAWSON WEALTH MGMT.

John is a successful 45-year-old executive with a major real estate management company. His experience in real estate management and intimate knowledge of the South Florida marketplace has convinced him that he has found a $300,000 condo that may be the bargain of a lifetime.

Americans' confidence in their ability to retire appears to be stabilizing, but their preparations for retirement continue to erode, according to a new survey.

Women are more likely than men to seek help in financial planning, according to a new survey.

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Financial Finesse, a company that provides financial education services to businesses and their employees, has noticed an uptick in calls about budgeting and debt management.

Archimedes Systems and Convergent Retirement Plan Solutions have introduced CPAroth.com, a portal for planning Roth IRA conversions.

New rules for credit card companies to follow took effect Monday, putting new restrictions on the interest rate hikes and penalty fees they can charge consumers and small businesses.

What’s not to like about a Roth IRA? As with traditional IRAs, earnings accumulate tax free. But unlike the traditional IRA, withdrawals are tax-free and minimum distributions after age 70 ½ are not mandatory. Add to this the 2010 special incentives to convert a traditional IRA to a Roth IRA, and it’s a wonder taxpayers aren’t lining up to do the conversion.

The Pennsylvania Institute of CPAs is out to enhance the image of the profession with a series of humorous videos that aim to prove accountants are not boring.

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Tax-advantaged strategies to fund children's college education continue to offer CPA clients some relief from that heavy financial burden, but their value will vary widely according to each taxpayer's financial picture.

Corporate budgets for salary increases are barely keeping up with the rate of inflation in the U.S. this year, and are projected to fall below 3 percent for the first time in over two decades.