The IRS and Department of the Treasury issued final rules on Roth catch-up contributions under a provision of the SECURE 2.0 retirement package. Retirement plans are expected to follow the rules on a "reasonable, good faith" basis in 2026.

President Donald Trump has suggested that public companies shift from quarterly to semiannual earnings reports, saying the move would save money and allow better management. The idea would require Securities and Exchange Commission approval. "

Retirement accounts often make up a significant part of an estate, but beneficiary forms frequently overlook multigenerational planning, writes attorney Patrick Simasko. Naming a trust as a contingent beneficiary can address this issue, ensuring that assets are distributed according to the account holder's wishes.

Federal revenue has seen a significant boost from a sharp increase in capital gains reported by taxpayers for tax year 2024. According to new IRS data, net capital gains surged to $530 billion, a 65% jump from the previous year. This spike is largely attributed to strong stock market performance, with much of the gains concentrated among high-income households.

Companies may need to evolve their approach to work to optimize their use of AI, according to participants at a LIMRA conference. "Fifty percent of surveyed employees do not have a definitive view of how their organization wishes for them to approach AI," notes David Cockerill of Boston Consulting Group.

Life insurance is not just for financial support after death; permanent policies can also build cash value to cover retirement and other expenses, writes Kevin Brayton of Prudential Financial. "Permanent policies such as variable universal life insurance can gradually build cash value, which can be borrowed against or withdrawn, often functioning like a low-interest loan without the hassle of going to a bank," Brayton writes.

Funding a spousal IRA may be a wise move for clients who are no longer working and earning an income through traditional employment. "In such cases, a spousal IRA can be an effective and often overlooked tool to help build retirement savings for both partners, even if only one spouse is employed," according to a Colcom Group report.

Day one kicks off Thursday, September 18, at 1 p.m. ET! Designed for BGAs and operations leaders, this session delivers actionable strategies for every stage of succession planning. Whether you're years from retirement or considering a sale or merger, learn how smart planning can maximize value -- and earn 1 free CE unit for each live session (50 minutes or longer). Register here.