
Lee Conrad
Former senior editorLee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
Lee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
Those who leave the workforce can maximize the tax benefits by donating a portion of their IRA assets directly through a qualified charitable distribution
More employers are increasingly becoming more open to making seasonal jobs into a year-round work and hiring retirees on a part-time basis.
Employees who sock all their savings in a tax-deferred 401(k) plan will owe taxes at a higher rate when the funds are withdrawn in retirement.
Far too many financial advisors overlook home equity as part of a retirement income plan.
The tax plan would make itemized deductions less valuable so some retirees would lose a deduction that covers payments for nursing homes, assisted living or inpatient hospital care.
Under the rules, seniors face a tax liability for HSA contributions if they carry health coverage other than the high-deductible policy.
The Roth 401(k) is more flexible than a Roth IRA, and it is funded with after-tax dollars, which can help "diffuse the potential tax bomb."
The Roth 401(k) is more flexible than a Roth IRA, and it is funded with after-tax dollars, which can help "diffuse the potential tax bomb."
While the average savings in retirement accounts increased markedly in recent years, the amounts varied significantly by income levels, experts say.
While the average savings in retirement accounts increased markedly in recent years, the amounts varied significantly by income levels, says an expert.