A daily latte won’t ruin your retirement
If spending $5 a day on fancy coffee puts your retirement at risk, you’ve got bigger problems.
IRAs
It’s not too late to boost retirement savings for 2018
There are still several moves that clients can make to reduce their 2018 tax bill.
Medicare won’t cover this key expense, and it’s eating into retirees’ savings
Dental expenses can eat away a considerable amount of retirees’ savings, but these costs are important to prevent health complications and other medical expenses.
Trump’s budget could open up this tax-free savings account to people on Medicare
The Trump administration unveiled its proposed budget that includes provisions that would enable Medicare beneficiaries to contribute to a health savings account.
When not to roll a 401(k) into an IRA
For many workers, moving assets from old 401(k)s into a traditional IRA may not be a smart move. One reason: IRAs often don’t offer stable value or guaranteed fund investment options as do most 401(k)s.
Benefits Think 5 ways to evaluate your client’s automatic rollover program
Taking a closer look at the inner workings of ARO programs can shine a light on features that require attention, particularly in light of the recent DOL guidance on auto-portability.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Benefits Think 5 ways to check if your automatic rollover program needs an upgrade
Taking a closer look at the inner workings of ARO programs can shine a light on features that require attention, particularly in light of the recent DOL guidance on auto-portability.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Social Security’s earnings test is too complicated — and it discourages work
Although the test is complicated and misunderstood, eliminating it could “do more harm than good,” according to an expert.
Forget the 401(k). Let’s invent a new retirement plan
Lawmakers and policymakers should make retirement savings plans universally available if they want to help Americans secure their golden years.
7 things retirees need to know about their 2018 tax return
Seniors are more likely to opt for the standard deduction, which increased under the new tax law, but those who want to maximize their deductions have several considerations.
How to avoid cashing out your 401(k)
A recent ruling by the U.S. Labor Department could open the door for automatic 401(k) transfers between employers, which means fewer workers will be tempted to cash out.
These non-essential costs are probably getting in the way of your financial goals
Millennials lag behind in terms of credit card debt and retirement savings, but they spend the most on vacation, dining out and other unnecessary expenses, according to a new study.
The money in your 401(k) and IRA accounts doesn’t belong entirely to you
Compared to lower earners, clients with moderate and higher incomes will owe more taxes on the distributions from tax-deferred accounts after they retire.
The government shutdown is disrupting retirement plans for some federal employees
Federal employees who retire during the partial government shutdown would have to wait a longer time to take retirement distributions from their savings plans.
Here’s when seniors might be looking at Social Security cuts
Seniors are advised to take measures to prepare for a possible shortfall in retirement income, as there is no guarantee for an immediate fix to the problem.
From HSA to 401(k) contribution limits, 11 numbers to know for 2019
Employers, time to brush up on — and tell employees about — caps set by the IRS for the coming year.
How to dodge a market dip that threatens retirement
Working longer and taking on a part-time job are two of the simple strategies for workers to curb the impact of a market correction. But there are other tips to consider as well.
From HSA contributions to 401(k) limits, 11 numbers to know for 2019
Employers, time to brush up on — and tell employees about — caps set by the IRS.
6 guidelines for a happy retirement
Want to have a fulfilling retirement? Employees are advised to set goals and have a bucket list of activities that will make them productive.
