Financial industry update — March 2013

By Steve Savant

Ash Brokerage Corporation


The summary of tax items from the fiscal cliff are outlined and addressed in the first tax overview of the year. Steve and Ken put special emphasis on the new top brackets that define the affluent and wealthy. Not only are the wealthy paying more, but stealth taxation in the middle class is causing a new debate in who is really looking out for middle Americans. With all these new enhanced government revenues, tax advantaged insurance products are taking center stage in the tactical planning efforts of advisors on behalf of the clients.