Editorial Staff

Knowing full retirement age is a key to developing a claiming strategy that will enable pre-retirees to maximize Social Security benefit.

Knowing full retirement age is a key to developing a claiming strategy that will enable pre-retirees to maximize Social Security benefit.

With the full retirement age increased, the advantages of waiting until age 70 have been somewhat diminished.

With the full retirement age increased, the advantages of waiting until age 70 have been somewhat diminished.

While workers are better off leaving their money in the plans, they’re allowed to make penalty-free withdrawals if it’s for out-of-pocket medical bills not covered by insurance.

While workers are better off leaving their money in the plans, they’re allowed to make penalty-free withdrawals if it’s for out-of-pocket medical bills not covered by insurance.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

A retired substitute teacher can expect a two-thirds cut to her Social Security spousal benefits because of the government pension offset provision.

A retired substitute teacher can expect a two-thirds cut to her Social Security spousal benefits because of the government pension offset provision.

92% of 401(k) participants are unaware of the fees they pay in their plans, creating the potential to lose a substantial amount of retirement savings

Investors should learn to ignore market forecasts and predictions and stick to their comprehensive plan.

Retirees can hear different perspectives from other patients and learn more about their medical conditions.

Many Americans are facing bleak retirement prospects as a result of the current do-it-yourself retirement system.

A survey has found that running out of savings and lack of Social Security benefits tops the list of concerns.

Many pension plans are facing financial woes, with many of them reducing pension payouts to their beneficiaries.

Underestimating longevity is one of the blunders that clients should sidestep when preparing for retirement.

Clients should consider switching to a Roth IRA or Roth 401(k) as investment growth and distributions are not subject to tax.

Although clients pay taxes on the contributions they make, they can still expect tax savings as their money grows tax-free and future distributions are exempt from taxes.

Although retirement investors lose from the decline in bonds' value, they stand to gain from the rising payouts from 10-year Treasury bonds.