Rising interest rates give retirees good news and bad news
Rising interest rates can be a boon for seniors seeking better returns from low-risk investments, but can hamper other clients with adjustable-rate mortgages.
IRAs
The smart retirement move 42% of Americans plan to make
Those who can't downsize can still rent out a portion of their property to help cover expenses.
Public pensions need to consider that beneficiaries are living longer
“Public pension plans continue to bury their heads in the sand living in a time warp of decades-old actuarial assumptions,” says a former Connecticut state treasurer.
Workers should be cautious of hidden taxes in retirement
A portion of retirees’ Social Security benefits may be taxed at the federal level if their combined income exceeds a certain limit.
States take the lead in urging employees to save for retirement
Ten states and one city have already taken steps to offer government-facilitated retirement programs.
Planning for retirement: Should workers pay off the house early?
The new tax law has nearly doubled the standard deduction and limits the deduction for state and local taxes, making it less likely for taxpayers to itemize their deductions.
Workers’ retirement may be saved by a side hustle
The gig economy ushered in a new way of working, which in turn has ushered in a new way of retiring.
Claiming Social Security early could lead to poverty later in life
About 4.3 million of the 18 million workers in the 55-64 age bracket are likely to live in poverty once they reach 65, according to a study.
How to defuse your client’s tax time bomb
To avoid a hefty tax bill when taking withdrawals from retirement accounts, clients should consider holding their assets in three "tax buckets.”
Get your employee’s retirement portfolio in fighting shape
Workers who want to make their retirement portfolio resilient to market volatility should veer away from core stock and bond holdings.
Just how valuable are the tax advantages of retirement accounts?
Historical simulations show that the value of investing in these accounts is getting an average of 1.7% in additional earnings.
Retirees: Stop paying attention to the markets
Short-term returns are mostly noise, which, by definition, largely cancels itself out over time
Retirees: Stop paying attention to the markets
Short-term returns are mostly noise, which, by definition, largely cancels itself out over time
Hundreds of companies now help employees pay student loans
Experts are expecting more companies to offer student loan assistance, but a lack of tax benefits could stall the growing popularity of this benefit.
What’s next for U.S. fertility rates — and Social Security
The U.S. needs to maintain its fertility rate and keep its population growth steady to ensure Social Security's sustainability, says expert.
42% of women fear they’ll run out of money by age 80
A study by Merrill Lynch and Age Wave has found that 42% of women are concerned that they will outlive their nest egg when they reach the age of 80.
Will spousal benefits decrease if husband files early?
Whether the husband takes reduced benefits has no impact on the spousal rate, although it could effect potential widow's benefits, according to a Social Security expert.
How to claim Social Security benefits wisely
Clients should determine the benefits they would receive if they file at age 62, at full retirement age, and after their full retirement age.
Missing retirement accounts cost retirees billions
More than 25 million workers resigned and left at least one retirement account with their former employer between 2004 and 2013, according to the U.S. Government Accountability Office.
Do employees know the differences in the various IRAs?
The differences generally come down to investor eligibility and when taxes are paid, but that can have a significant impact.
