This article explores the strategic use of this election, highlighting its potential to optimize tax outcomes for both trusts and beneficiaries while cautioning against its pitfalls.

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...

The above funds have adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available monthly, the fund will distribute ...

A wealth income plan focuses on preservation and protection of your assets as retirement nears to hedge against market volatility and economic instability. The sequence of returns five years before ...

BOSTON--(BUSINESS WIRE)--MFS Investment Management ® (MFS ®) released today the distribution income sources for six of its closed-end funds for December 2021: MFS ® Charter Income Trust (NYSE: MCR), ...