401(k) accounts at Fidelity got smaller by an average of 2% during the third quarter, the company announced Thursday. That decrease coincided with slightly lower equity market values at the end of the quarter, but there’s more to the story. ...

Ever since President Joe Biden won the White House and Democrats gained control of Congress about a year ago, financial advisers have braced for an array of potential tax increases that could affect their wealthy clients. Now Congress is attempting ...

Tax reform proposals to finance the massive budget bill being cobbled together in Congress would close the door on an increasingly popular retirement savings strategy among advisers’ wealthy clients. Wednesday, the House Ways and Means Committee approved on a mostly ...

The Maine House and Senate both passed a bill last Thursday that would create the Maine Retirement Savings Program for private-sector workers and allow them to contribute to a Roth IRA from their paychecks. The bill now goes to Maine ...