37 states that don’t tax Social Security benefits
Some of these states, however, may not be tax-friendly for retirees.
IRAs
401(k) money should be a last resort for Harvey victims
Between taxes and penalties on early withdrawals, many clients will only be getting 65 cents for every dollar they take out.
401(k) money should be a last resort for Harvey victims
Between taxes and penalties on early withdrawals, many people will only be getting 65 cents for every dollar they take out.
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.
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.
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.
When’s the right time to take RMDs?
The withdrawals can be taken early in the year, late in the year or in installments throughout the year. Each approach has advantages to consider.
When’s the right time to take RMDs?
The withdrawals can be taken early in the year, late in the year or in installments throughout the year. Each approach has advantages to consider.
Why workers may want to contribute to their child’s retirement
Recent graduates tend to be in a low tax bracket early in their careers when it pays for them to save as much as they can in a Roth IRA or Roth 401(k), writes an industry expert.
Why clients may want to contribute to their child’s retirement
Recent graduates tend to be in a low tax bracket early in their careers when it pays for them to save as much as they can in a Roth IRA or Roth 401(k), writes an industry expert.
Making retirement lemonade from health insurance lemons
The total out-of-pocket health care expenses of a 65-year-old couple in retirement could exceed $320,000, plus 5% annual increases.
Making retirement lemonade from health insurance lemons
The total out-of-pocket health care expenses of a 65-year-old couple in retirement could exceed $320,000, plus 5% annual increases.
Tax trap snares young IRA heirs of older workers
Naming a young grandchild as beneficiary of a traditional IRA could be a wrong move, as the distributions will be subject to the "kiddie tax."
Tax trap snares young IRA heirs
Naming a young grandchild as beneficiary of a traditional IRA could be a wrong move, as the distributions will be subject to the "kiddie tax."
401(k) plans get a boost, but beware of August
Investors are about to enter the worst two-month period of the year for stocks, according to an expert with Bespoke Investment Group.
