Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that Senate Republicans this week launched their model of main tax laws, following the passage of comparable laws within the Home of Representatives final month. Whereas the core of the Senate laws largely mirrors that of Home-proposed measures, together with completely extending (i.e., and not using a scheduled sundown) the decrease particular person tax charges enacted as a part of the Tax Cuts and Jobs Act (TCJA), and sustaining the property tax exemption at TCJA-prescribed ranges (which might attain roughly $15 million in 2026), there are a number of variations between them (e.g., with the Senate sustaining the $10,000 cap on the deductibility of State And Native Taxes [SALT], whereas the Home would elevate the restrict to $40,000, topic to sure earnings limitations). Additional, disagreements on different components of the laws (e.g., cuts to Medicaid spending) might make passing the laws by President Trump’s goal of July 4th difficult (although legislators would nonetheless have time to take action earlier than sure TCJA measures expire on the finish of the 12 months).
Additionally in trade information this week:
- The SEC this week introduced that it’s axing a number of guidelines proposed in the course of the tenure of earlier Chair Gary Gensler that might have impacted RIAs, together with the outsourcing and predictive knowledge analytics guidelines and amendments to the Custody Rule
- An SEC committee has beneficial a number of reforms associated to using necessary arbitration agreements by RIAs, although stopped wanting a name to limit them outright
From there, we’ve a number of articles on retirement planning:
- The newest report from the Social Safety Board of Trustees reveals that whereas the date of exhaustion for the Social Safety belief fund approaches, policymakers nonetheless have a number of choices to shore up the system and forestall any discount in advantages
- Many People look like considering claiming Social Safety advantages primarily based on issues about its sustainability and administration, providing a chance for advisors to supply a extra full image of how the system operates
- How delaying Social Safety advantages can doubtlessly generate a stronger return than quite a lot of different funding choices
We even have a lot of articles on shopper communication:
- How utilizing a ‘grasp checklist’ of targets can assist reveal shopper targets that they won’t have considered on their very own
- How advisors can look at a shopper’s targets to evaluate how they could react throughout future bouts of market volatility
- How advisors can encourage purchasers to develop into extra versatile with their targets to assist them keep away from happening an unsustainable path if circumstances flip in opposition to them
We wrap up with three closing articles, all in regards to the fashionable office:
- A current examine of Microsoft consumer knowledge finds that staff obtain a mean of 117 emails and 153 prompt messages each day (along with an onslaught of scheduled and impromptu conferences), creating distractions from focus work and sometimes main their workdays to bleed previous common enterprise hours
- Some analysis means that People’ commutes have gotten longer amidst a rise in hybrid office insurance policies and rising house costs
- Why worker stress is not only a matter of office wellness, however represents a enterprise danger for corporations as effectively
Benefit from the ‘gentle’ studying!
