ThinkAdvisor

Immediate Answers to Critical Tax Questions At Your Fingertips Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts. Get More Information Recently Added Q&As Recently Updated Q&As What is the temporary "senior deduction" deduction for taxpayers age 65 and over? Get Answer Recently Updated Q&As What is the temporary deduction for auto loan interest? Get Answer Recently Updated Q&As What is the temporary deduction for overtime income?

ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions. For questions about ThinkAdvisor, please call 646-978-9578 (9:00am-10:00pm ET, Monday through Friday except holidays), or send an email to thinkadvisor@Subscription-Team.com.

AI, magnifying glass, NEW 640 from Adobe Stock While the Securities and Exchange Commission and Financial Industry Regulatory Authority have yet to come out with an AI-specific rule, the absence of one doesn't mean that advisors' use of artificial intelligence falls outside existing rules. "Waiting for a regulation with 'AI' in the title is not a strategy," according to Edward Robertson, founder and CEO of PiiQ Financial.

XYPN announced a partnership Thursday with CurrentClient, a phone platform designed for advisors. XYPN members may access discounted pricing on CurrentClient's suite of communication tools, including compliant texting, business phone services, artificial intelligence-powered call summaries and team collaboration capabilities. The solution integrates with Wealthbox CRM and XY Archive for compliant message archiving.

Guilty gavel 640 NEW A federal jury in Texas this week convicted two Lubbock men of securities fraud and other charges in connection with a multimillion-dollar Ponzi scheme that also involved a former San Antonio advisor and radio host, authorities announced.

Ray Dalio Billionaire Ray Dalio said investors should reduce their bond holdings and put as much as 15% of their money in gold to hedge against the risk of a U.S. debt crisis that he warns could be just three years away. In a LinkedIn post Friday, the Bridgewater Associates founder said investors should diversify across assets and countries with strong finances.

NEW Morgan Stanley, 640 x 640, not from Bloomberg After a bombshell report last week in the New York Times, Morgan Stanley has suspended its use of advisor rankings by Forbes and Shook Research. Forbes fired Randall Lane, chief content officer, in July after it was revealed that he accepted a secret $6 million payment from RJ Shook, the founder of Shook Research.

Parenthood appears to make a big difference in Americans' retirement preparedness, according to the newly released 2026 Annual Retirement Study from Allianz Life. Seventy-two percent of study participants with children expressed confidence in their ability to meet their retirement savings goals, compared with only 54% of those without children. The share of confident respondents rose to 74% for those with one to two children but receded to 66% for parents with three or more children.

Legislation has been introduced to eliminate the Department of Labor's regulatory authority over individual retirement accounts. Passage would mean that IRAs would no longer be subject to the DOL's prohibited transaction rules while preserving a ban on self-dealing and eliminating tax benefits for IRA owners who improperly use IRA assets for personal benefits.

ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions. For questions about ThinkAdvisor, please call 646-978-9578 (9:00am-10:00pm ET, Monday through Friday except holidays), or send an email to thinkadvisor@Subscription-Team.com.