Retirement

  • Reuters2 days ago

    COLUMN-New U.S. tax law could create underpayment headaches for retirees

    (The opinions expressed here are those of the author, a columnist for Reuters.) By Mark Miller CHICAGO, Sept 21 (Reuters) - The U.S. Internal Revenue Service hoisted a big red-flag warning to retirees earlier this month: take a look at how much income tax you are paying throughout 2018, because

  • 8 Steps to Picking the Right Medicare Plans During Open Enrollment
    Kiplinger2 days ago

    8 Steps to Picking the Right Medicare Plans During Open Enrollment

    Most people fill Medicare's coverage gaps by buying a Medicare supplement (medigap) plan and a Part D prescription-drug plan, or they get both medical and drug coverage from a private insurer with a Medicare Advantage plan. You have from October 15 to December 7 each year to pick a Medicare Part

  • 9 Things You'll Regret Keeping in a Safe Deposit Box
    Kiplinger3 days ago

    9 Things You'll Regret Keeping in a Safe Deposit Box

    In today's digital age, in which seemingly anything that matters is stored virtually "in the cloud," a physical safe deposit box comes across as a relic of the bricks-and-mortar past. But don't be too hasty to dismiss the importance of keeping certain valuables securely tucked away

  • How to Find the Best Medicare Drug Plan for You for 2019
    Kiplinger4 days ago

    How to Find the Best Medicare Drug Plan for You for 2019

    Use these search tips to navigate the Medicare Plan Finder tool.

  • Start Early and Keep Building Good Money-Management Habits
    Kiplinger6 days ago

    Start Early and Keep Building Good Money-Management Habits

    Many parents just wing it with their finances. They may be getting away with it for now, but their kids likely won't. So, here's how parents can help their kids start saving for retirement earlier than they did.

  • A Guide to the Softer Side of Estate Planning
    Kiplinger6 days ago

    A Guide to the Softer Side of Estate Planning

    Once you've written your will, pat yourself on the back. Then get back to work to spell out your wishes on what could be far more important than how your assets are divided. Your family's harmony could be a stake.

  • 12 New Rules for Your Money
    Kiplinger9 days ago

    12 New Rules for Your Money

    In this era of high unemployment, flat home prices and do-it-yourself retirement savings, some traditional rules of saving and investing are due for an overhaul. In this slide show, you'll see how we tweak some tried-and-true maxims of managing your finances.

  • Why Wealthy People May Want to Take Social Security at 62
    Kiplinger12 days ago

    Why Wealthy People May Want to Take Social Security at 62

    Delaying Social Security to full retirement age or later could cost you tens of thousands of dollars, maybe even more, in unnecessary taxes if you live on your retirement savings while you wait.

  • Should I Do a Roth Conversion?
    Kiplinger12 days ago

    Should I Do a Roth Conversion?

    This strategy has pros and cons. Here's why people early in retirement should give it a close look.

  • Kiplinger13 days ago

    3 Steps to Worry-Free Splurges for Retirees

    Spending on grand experiences can be a wonderful gift, as long as you've properly planned. So don't worry, and don't feel guilty. Just do it.

  • How to pay for college as a retiree
    Yahoo Finance16 days ago

    How to pay for college as a retiree

    For some retirees, retirement no longer means just golfing and travelling to visit grandchildren. While that can be part of their retirement experience, many retirees are heading back to school to pursue passions they’ve always wanted to explore after a long time in the workforce, says Stephen Stabile

  • What Makes an Investment Right or Wrong for Your IRA?
    Kiplinger17 days ago

    What Makes an Investment Right or Wrong for Your IRA?

    When you think about IRAs, you're probably thinking stocks and bonds. But private equity investments can open new doors to some retirement savers.

  • 14 Ways for Everyone to Save on Taxes Under the New Tax Law
    Kiplinger17 days ago

    14 Ways for Everyone to Save on Taxes Under the New Tax Law

    We're living in a new tax world now, thanks to the overhaul passed by Congress last year. A number of breaks bit the dust, but some new ones were introduced as well. Your 2018 return will be the first to file under the new rules, but the time to look for tax savings is now. The following ideas could

  • Two Key Estate-Planning Documents You Need
    Kiplinger17 days ago

    Two Key Estate-Planning Documents You Need

    Don't confuse a health care proxy with a living will. Each serves a different purpose, but you'll need both to make sure your medical wishes are honored.

  • Position Yourself for a Secure Retirement
    Kiplinger18 days ago

    Position Yourself for a Secure Retirement

    To avoid the pitfalls facing many people approaching retirement, you need to take these six steps to create a sure-footed plan.

  • U.S.News & World Report19 days ago

    How to Shift Your Retirement Nest Egg to an Retirement Income Stream

    Saving for retirement is understood -- you invest a certain amount of your income to a portfolio that's aligned with your risk tolerance. It's a question people who are starting to retire now need to ask, because pensions and other traditional retirement income guarantees are less common, says

  • The Wall Street Journal19 days ago

    Tax-Law Changes You May Have Missed

    For many taxpayers, it may be tempting to assume that long-cherished tax-planning strategies that have worked in recent years should work again this year. The tax package contains “the most significant changes to the tax law since the Tax Reform Act of 1986,” says Mark Luscombe, principal analyst for

  • Trump Signs Order to Help Small Companies Offer Retirement Plans
    Bloomberg22 days ago

    Trump Signs Order to Help Small Companies Offer Retirement Plans

    President Donald Trump signed an executive order Friday directing his administration to make it easier for small businesses to band together to set up retirement-savings plans. “Small businesses will no longer be at a competitive disadvantage and small business workers will be treated more fairly,”

  • Avoid Sneaky Hotel Fees on Your Next Vacation
    Consumer Reportslast month

    Avoid Sneaky Hotel Fees on Your Next Vacation

    Nate Hake thought he got an incredible deal when he booked a last-minute room at a Las Vegas hotel recently. But when he checked in, the front desk agent informed the 32-year-old Colorado residen...

  • Money Talks News2 months ago

    18 Moves That Will Help You Retire Early and in Style

    For many people, retirement — never mind “early” retirement — seems out of reach. If you have zero savings right now, build an emergency fund and keep it in a high-interest-bearing savings account. You can find the best rate on savings accounts in our Solutions Center.

  • COLUMN-Why U.S. retirees are waiting longer to claim Social Security
    Reuters4 months ago

    COLUMN-Why U.S. retirees are waiting longer to claim Social Security

    Fewer Americans are asking Social Security to "show me the money" as soon as possible. The share of workers claiming Social Security retirement benefits at the earliest possible date has plunged in recent years. Retiring workers can claim Social Security anytime from age 62 to 70.

  • Missing Retirement Accounts Cost Retirees Billions
    Kiplinger5 months ago

    Missing Retirement Accounts Cost Retirees Billions

    Forgotten 401(k)s and pensions are contributing to a growing retirement crisis for workers who aren't collecting the benefits they are owed.

  • 25% of High Earners Have a Huge Misunderstanding About Social Security
    Money5 months ago

    25% of High Earners Have a Huge Misunderstanding About Social Security

    Relying on it alone will not be enough for many people.

  • Women who retire early can miss out
    Reuters5 months ago

    Women who retire early can miss out

    Women have a math problem when it comes to retirement: On average, they retire two years earlier than men but they live five years longer. When it comes to early retirement, which most define as before 65, a study from Fidelity released Thursday found that the top reason women leave the workforce

  • Do you really understand Social Security?
    Kiplinger5 months ago

    Do you really understand Social Security?

    Gaining a better understanding of how Social Security works is one of the most important things you can do to prepare for retirement.