Since portability was enacted as part of the Tax Relief Act of 2010, it’s taken the pressure off couples to formulate an estate plan around a primary goal of using as much estate and gift tax ...

Computers and phones aren’t the only things that are portable today. The gift and estate tax exemption is also “portable” for married couples. Portability simplifies estate planning by allowing a ...

Dave Gray, executive vice president of Enterprise Solutions at Empower, leads integration across Workplace Planning and Advice and Empower Personal Wealth, driving growth through expanded workplace ...

Angela Capek is product area leader of defined contribution (DC) product platforms at Fidelity Investments. She has worked for Fidelity for 28 years in various roles focusing on product development ...

We have noticed an increasing number of employers reaching out with questions about whether they should have their defined contribution plan join the auto-portability network. This new option, ...

Have you ever wondered why so few participants move their old 401(k)s into their current employer’s plans? Or why so many participants prematurely cash out their retirement savings accounts, ...

The amount of wealth that rich Americans can shield from estate taxes is at historic highs — just over $12 million for individuals and double that for married couples. But the tax benefit will do a ...

Many CPAs are involved in representing estates of decedents who died in 2011 and 2012. In dealing with such estates, it is important to focus on the new Code provisions allowing portability of the ...

Opting out of the Portability Election. There are two ways to opt out of the portability election. First, the temporary regulations require the executor of an estate of a decedent with a surviving ...

The Institutional Retirement Income Council suggests that today’s structured retirement income products are far more portable and accessible than is commonly understood by plan sponsors. “Much has ...

Service providers would be permitted to charge a reasonable fee to transfer the assets of individual retirement account holders to a new employer-sponsored plan under a proposal published Friday by ...