When you leave a job where you had a 401(k) plan, you might choose to roll over that plan an individual retirement account (IRA). Such rollovers are fairly straightforward; the transfer of assets isn't a taxable event, and your savings will continue … Continue reading ->The post How to Roll Over
If you leave your job while you have an outstanding 401(k) loan, Uncle Sam now gives you extra time to repay it -- thanks to the new tax law.
With a longer lifespan and often less time building a nest egg, the stakes for women are higher in retirement, but these challenges don't have to sideline your planning.
How can I figure out how much money I need to save for retirement? How big does my nest egg need to be? A good way to think about this is in terms of expenses. At its simplest, a nest egg helps cover your ...
The details of retirement savings accounts like 401(k) plans and IRAs aren’t well understood by too many Americans, and here are three things you might be happy to learn.
With more than 200 co-sponsors, the third time could be the charm for this Social Security reform bill.
Tapping into your nest egg can be a scary proposition, but at some point you're going to have to take the plunge. What are you waiting for? If you've saved and you have a plan, then you've earned a little fun.
As scammers get more aggressive, some types of Social Security fraud are growing exponentially. Here's what you can do to safeguard your personal data and keep fraudsters from stealing your Social Security benefits.
How to Protect Your Retirement Portfolio in a Market Downturn Many investors got a sharp jolt in December when the S&P 500 plunged nearly 20 percent from its September high. That drop helped pu...
One of the biggest changes the new tax law brings is a near doubling of the standard deduction to $12,000 on single returns, $18,000 for head-of-household filers and $24,000 on joint returns ... up from $6,350, $9,350 and $12,700 in 2017. Individuals age 65 or older and blind people continue to get an
It's about as fun as herding cats, but rounding up all your IRAs and 401(k)s into just one or two accounts can really simplify your financial life.
Saving money in a 401(k) or an IRA is a great way to save on taxes while you build a generous legacy for your favorite charity.
Four rules of thumb can help determine if you're on track for a comfortable retirement. They touch on expenses, investments, savings rate and more.
Some homeowners and two-income couples are shocked at tax bills after preparing 2018 returns. A $10,000 limit for state and local taxes hurts some.
Congratulations if you're one of the lucky few who still have a traditional pension (a.k.a., a defined benefit plan). But once you've retired, remember that Uncle Sam generally taxes payments from pensions as ordinary income.Will your state tax your pension income, too? It depends on where you