Collect Social Security at 62 and spousal at full retirement age?
Each pre-retiree couple is in a unique circumstance, and needs to account for their health and longevity, as well as their willingness and ability to work.
Editorial Staff
The GOP is looking for ways to pay for tax cuts — 401(k)s may bear the cost
Workers would have to pay taxes on their contributions to an employer's sponsored 401(k) plan under the Trump administration's tax proposal.
Should workers put their countdown to retirement on hold?
Employees should consider postponing their retirement, especially if they work for the federal government.
Should clients put their countdown to retirement on hold?
Older employees should consider postponing leaving the workforce, especially if they work for the federal government.
Big changes expected in many 2018 Medicare Advantage plans
Retirees are likely to have fewer choices when they start shopping around for Medicare Advantage plans during the open-enrollment period that begins Oct. 15.
3 mistakes workers make with retirement withdrawals
Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.
3 mistakes people make with retirement withdrawals
Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.
The right car purchase could help workers’ retirement dreams
Employees should consider a dependable second-hand car instead of a new one, and then redirect the money saved into a retirement account.
The challenge of living with low interest rates
Rates are likely to remain low, which will have a negative effect on retirees and older workers who are adjusting their portfolios in preparation for retirement.
Living with low interest rates
Rates are likely to remain low, which will have a negative effect on retirees and older workers who are adjusting their portfolios in preparation for retirement.
Could employees live off Social Security alone?
Workers should start shoring up their savings by chipping in as much as they reasonably can to their employer’s retirement plan, especially if it comes with a matching contribution.
Transferring IRA money to a health savings account
The amount that can be transferred is equivalent to the HSA's annual contribution limit, which is $3,400 for singles and $6,750 for couples.
Twin terms that can trip up investors
These two accounts are both funded with money that has already been taxed, but there are still important differences that clients need to know.
Are senior workers really ready to retire?
Pre-retirees should have Medicare or health insurance in place to cover their medical costs, along with a well-maintained investment portfolio.
8 ways workers could miss out on Social Security benefits
Retirees who under-reported their income to avoid taxes will also get smaller retirement benefits than they deserve.
8 ways clients could miss out on Social Security benefits
Retirees who under-reported their income to avoid taxes will also get smaller retirement benefits than they deserve.
13 reverse-mortgage misunderstandings that could cost workers
Retirees should weigh a number of factors, including the fact that the closing costs for reverse mortgages are higher than those for regular mortgages.
13 reverse-mortgage misunderstandings that could cost clients
Retirees should weigh a number of factors, including the fact that the closing costs for reverse mortgages are higher than those for regular mortgages.
How to mitigate the taxes that come with a Roth IRA conversion
IRA investors should consider implementing a charitable lead annuity trust when converting some of their funds into Roth to mitigate the tax bite.
How to mitigate the taxes that come with a Roth IRA conversion
IRA investors should consider implementing a charitable lead annuity trust when converting some of their funds into Roth to mitigate the tax bite.