Tax Rates for Top 400 Earners Fall as Income Soars, IRS Data by David Cay Johnston
The figures show that widely published reports asserting that the richest Americans are losing relative ground and "becoming poorer" are not supported by the official income data.
When To Convert The Traditional IRA Into A Roth IRA by The Trusts and Estates Department at Wiggin and Dana LLP
According to Bob Benjamin a partner in the Trusts and Estates Department, Wiggin And Dana, prior to 2010, an individual could convert a traditional IRA into a Roth IRA provided his or her modified adjusted gross income did not exceed $100,000. Starting in 2010, an individual may make such a conversion regardless of his or her annual income. ... [ Full Story ]
More Financial Plans Embrace Long-Term Care Insurance by Peter Gelbwaks
It is becoming much more common for affluent individuals to consider long-term care coverage as part of their overall estate plans.
Jeremy Siegel on the Dow Reaching 11,000: 'You've Still Got Upside' by Knowledge@Wharton
According to Jeremy Siegel, noted Wharton professor and investment author, “With interest rates likely to rise, it's a risky time to invest in bonds, but stocks could end the year 8% to 10% higher than they are today.”