Margarida Correia

Employees aged 50 and above would no longer be able to make catch-up contributions on a pretax basis to their retirement plans under the Senate version of the GOP tax proposal.

A health savings account can be used to cover medical bills and can also be a great savings vehicle for retirement.

Workers should learn to reduce their housing, transportation and food costs, cut unnecessary expenses, and develop the habit of packing their lunch to work.

Clients should learn to reduce their housing, transportation and food costs, cut unnecessary expenses, and develop the habit of packing their lunch to work.

Employees should search the Department of Labor's Form 5500 filings to get their former employer's contact information.

Clients should search the Department of Labor's Form 5500 filings to get their former employer's contact information.

Clients who intend to name minor children as beneficiaries of their IRAs should take taxes into consideration before making a decision.

Clients who intend to name minor children as beneficiaries of their IRAs should take into consideration the "kiddie tax" before making a decision.

Retirees are often pushed into a different tax bracket with many paying more in retirement than they were while working.

Retirees are often pushed into a different tax bracket with many paying more in retirement than they were while working.