Retirement

  • Retirees often make this major Social Security mistake
    Kiplingeryesterday

    Retirees often make this major Social Security mistake

    Many people take Social Security early and put off tapping into their IRAs and 401(k)s until they must. But that's the opposite of what most should do, because waiting until 70 to take benefits can pay off in more ways than one.

  • 4 Mistakes IRA Investors Can't Afford
    U.S.News & World Report2 days ago

    4 Mistakes IRA Investors Can't Afford

    Individual retirement accounts have been the ugly duckling of investments. More than 42 million households count on IRA's to help fund their retirement. IRAs started off simple in 1974, but like our tax code have grown more complex.

  • How Much Can You Contribute to a Solo 401(k) for 2018?
    Kiplinger2 days ago

    How Much Can You Contribute to a Solo 401(k) for 2018?

    Some self-employed savers can put away as much as $61,000 for retirement in a solo 401(k), depending on age and compensation.

  • Money Talks News5 days ago

    6 Ways to Supersize Your Nest Egg After Age 50

    Perhaps you’ve taken stock of your retirement nest egg and found it a bit wanting. Uncle Sam wants to add a little extra rocket fuel to your retirement savings efforts. If you are 50 or older, you can take advantage of “catch-up” provisions in the tax code that allow you to contribute more to your

  • Employees: How to Maximize Your Tax Breaks in 2018 and Beyond
    Kiplinger6 days ago

    Employees: How to Maximize Your Tax Breaks in 2018 and Beyond

    The Tax Cuts and Jobs Act preserved or even beefed up many tax breaks available through workplace benefits programs. Here's how to make the most of those benefits.

  • Rise of ‘Gray’ Divorce Forces Financial Reckoning After 50
    Bloomberg6 days ago

    Rise of ‘Gray’ Divorce Forces Financial Reckoning After 50

    Too many women let husbands make the long-term financial decisions, leaving them vulnerable when separation or death strikes.

  • Reuters7 days ago

    U.S. state pension funding gap rises to $1.4 trillion in 2016-Pew

    The funding deficit for U.S. state public pension systems rose to a record-high $1.4 trillion in fiscal 2016, a nearly $300 billion increase from fiscal 2015, according to a Pew Charitable Trusts report released on Thursday. The public worker retirement funds reported only $2.6 trillion in assets

  • Medicare vs. Medicare Advantage: Ill Health Often Leads to Plan Switch
    Kiplinger8 days ago

    Medicare vs. Medicare Advantage: Ill Health Often Leads to Plan Switch

    The drawbacks of Medicare Advantage plans can become apparent when serious illness or injury strikes.

  • Calculating Taxes on Social Security Benefits
    Kiplinger8 days ago

    Calculating Taxes on Social Security Benefits

    As much as 85% of your Social Security benefits could be taxable if you have other sources of income, such as earnings from work or withdrawals from tax-deferred retirement accounts.

  • Simple Strategy to Spend Safely in Retirement
    Kiplinger8 days ago

    Simple Strategy to Spend Safely in Retirement

    Delaying Social Security and using RMD rules to draw down your nest egg is a winning combination for middle-income retirees.

  • Retirement surprises: What retirees wish they had known
    Fox Business9 days ago

    Retirement surprises: What retirees wish they had known

    This is what surprised retirees, and how you can learn from their mistakes.

  • Are You Saving Enough?
    Kiplinger9 days ago

    Are You Saving Enough?

    If you go by the book, you would shoot for 10% to 20% of your gross income. But that ballpark figure can be deceiving.

  • How not to run out of money in retirement
    Associated Press10 days ago

    How not to run out of money in retirement

    Americans aren't terrific at saving for retirement. Many are even worse when it comes to figuring out how much to spend once they get there. An actuary who's studied the issue for three decades recently ...

  • How to Make Market Volatility Work for You
    Kiplinger14 days ago

    How to Make Market Volatility Work for You

    High volatility might not be comfortable, but it's perfectly normal. And even long-term investors can use it to their advantage.

  • 2 Free Tools That Will Help You Retire Richer
    Money14 days ago

    2 Free Tools That Will Help You Retire Richer

    Easy-to-use, online help.

  • U.S.News & World Report16 days ago

    How to Maximize Your 401(k) Match

    Many companies offer a 401(k) match to employees who save for retirement, but it's not always easy to qualify for the match and take it with you when you leave the job. There might be waiting periods before you are eligible for a 401(k) match and vesting schedules that prevent you from keeping the

  • New Pass-Through Tax Break for Retirement Income
    Kiplinger16 days ago

    New Pass-Through Tax Break for Retirement Income

    The new tax law rewards retirees and others running side gigs and small businesses with a 20% tax deduction on qualified business income.

  • Get Started: Deadline nearing for retirement plan decision
    Associated Press17 days ago

    Get Started: Deadline nearing for retirement plan decision

    EMPLOYEE RETIREMENT PLAN DEADLINE Small business owners who are considering starting retirement plans for their employees have a chance to save on their 2017 taxes. If they want to set up the least complex ...

  • MarketWatch, Alessandra Malito17 days ago

    Everything you need to know about 401(k) fees

    Most people don’t know they have fees lurking in their retirement accounts, or how many.

  • Don't Miss the Deadline for Your RMDs
    Kiplinger20 days ago

    Don't Miss the Deadline for Your RMDs

    Usually, you can wait until April 1 to take your first RMD. But the deadline falls on a holiday weekend this year, so you'll need to act sooner.

  • Many states looking to help workers save for retirement
    Associated Press25 days ago

    Many states looking to help workers save for retirement

    New York is among a growing number of states considering legislation to create government-sponsored payroll-deduction retirement programs for small businesses, which financial planners say could be a relatively ...

  • What is an RMD? And what happens if you don’t take it?
    Alessandra Malito, MarketWatch26 days ago

    What is an RMD? And what happens if you don’t take it?

    If you turned 70 ½ last year, make sure you take your required minimum distribution.

  • The Biggest Risk Retirees Face Right Now
    Kiplinger27 days ago

    The Biggest Risk Retirees Face Right Now

    Those nearing retirement and those who have recently become retirees need to plan now for the possibility of a bear market. Here are two ways to do that, including one that goes against conventional wisdom.

  • Social Security 101: How to File for Benefits
    Kiplinger28 days ago

    Social Security 101: How to File for Benefits

    Nothing worth doing is ever easy, and so it goes with Social Security. When the time comes to file for your benefits, be prepared. Here are the nuts and bolts of the application process.

  • Reuters2 months ago

    COLUMN-Social Security fumbles duty to help widows maximize benefits

    Social Security is underpaying widows and widowers - sometimes by large amounts. In cases where widows are eligible to claim their own retirement benefits or those of a deceased spouse, the agency often fails to inform of options that would increase their payments. The OIG reviewed cases of so-called