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.
IRAs
Financial milestones to reach before retirement
Clients should plan to replace roughly 80% of their pre-retirement income after they leave the workforce for good.
10 biggest 401(k) misconceptions
Employees have some simple but significant false ideas about their retirement plans. And employers need to do a better job addressing them during education sessions.
Can an employee’s retirement portfolio survive a stock market crash?
Although the market continues to rally, a possible setback remains likely and retirement investors should be ready for this scenario.
Can retirement portfolios survive a stock market crash?
Although the market continues to rally, a possible setback remains likely and retirement investors should be ready for this scenario.
How to help workers get a jump on saving in their 20s
Although traditional IRAs offer upfront tax deductions, clients will have to pay taxes later in life when they likely will be in a higher tax bracket.
How to help clients get a jump on saving in their 20s
Although traditional IRAs offer upfront tax deductions, clients will have to pay taxes later in life when they likely will be in a higher tax bracket.
Savings strategies to use if retiring early
Those leaving the workforce who want to maximize their nest egg should take advantage of the Rule 72(t) distributions.
What accounts do retired employees withdraw from first?
While retirees can start taking 401(k) withdrawals without penalties when they turn 59 1/2, they may want to consider drawing from their taxable accounts for their living expenses.
Why couples must plan for Social Security together
While there are 567 ways to claim benefits, clients are advised to pick a strategy that will maximize a spouse's benefit on their record.
Gold and silver IRAs: Approach with caution
Gold tends to hold its value in the long-term, but it's volatile — almost as much as stocks — so clients may need decades to ride out its ups and downs,
The one retirement expense that might catch clients off guard
Retirees should not underestimate the impact of taxes on their income after they leave the workforce, as their tax liability could reduce substantially their net earnings.
Long-term care insurers steering through tough times
Many carriers offering long-term care coverage are experiencing financial woes and may no longer guarantee payments when clients need them.
Long-term care insurers steering through tough times
Many carriers offering LTC coverage are experiencing financial woes and may no longer guarantee payments when clients need them.
3 facts every retiree should know: Retirement Scan
Retirees are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.
3 facts every retiree should know
Those who leave the workforce are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.
Why retiring together makes sense (usually)
Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.
She retires. He doesn’t. Why retiring together makes sense (usually)
Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.
Trump budget cuts programs for poor while sparing seniors
The President's budget is expected to call for spending cuts on programs intended to help lower income households, while keeping programs designed to assist older people.
Baby boomers look to senior concierge services to raise income
More people are taking part-time jobs providing housekeeping and other services to seniors who are living independently.
