Two Important Rules Go Into Effect on Monday

Starting on Monday, industry regulator FINRA will require brokers to ask for a trusted contact when an individual investor opens an account or a firm is updating client information. A trusted contact is a person the brokerage firm can contact if financial exploitation is suspected. A brokerage firm may also rely on the trusted contact…

 

Guidelines for Choosing a Financial Adviser

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   The Tax Advantages of Qualified Charitable Distributions From IRAs The U.S. tax code allows someone who is already at least age 70½—not someone who will turn 70½ later this year—to directly transfer up to $100,000 of funds from their traditional individual retirement account (IRA)…

 

AAII’s Top 10 Articles for June 2016

Here are the Top 10 articles from AAII.com for June 2016 (based on unique page views): Achieving Greater Long-Term Wealth Through Index Funds John “Jack” Bogle, founder of the Vanguard Group of mutual funds, chats with AAII Journal editor Charles Rotblut about why he favors broad market index funds, as well as his thoughts about…

 

10 Steps to Avoiding Ponzi Schemes & Financial Fraud

This week’s AAII Weekly Digest highlights these “must-read” AAII articles: Steps to Smoothly Transfer Control of Your Family’s Finances: Succession planning for the “family CFO” is the most commonly neglected component of most families’ financial planning, but it is one of the most important actions that will determine the ability of your “Family Inc.” to thrive…