IRAs

Lawmakers and policymakers should make retirement savings plans universally available if they want to help Americans secure their golden years.

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.

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.

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.

Compared to lower earners, clients with moderate and higher incomes will owe more taxes on the distributions from tax-deferred accounts after they retire.

Federal employees who retire during the partial government shutdown would have to wait a longer time to take retirement distributions from their savings plans.

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.

Employers, time to brush up on — and tell employees about — caps set by the IRS for the coming year.

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.

Employers, time to brush up on — and tell employees about — caps set by the IRS.

Want to have a fulfilling retirement? Employees are advised to set goals and have a bucket list of activities that will make them productive.

Employees who plan to retire next year should ensure they have enough savings to cover their healthcare expenses before making a decision.

Despite Social Security's financial woes, the revenue shortfall can be easily fixed, say experts at Boston College Center for Retirement Research. But it will only go so far in paying for living expenses.

Failing to take the mandatory distribution on time may push retirees to a higher tax bracket.

Lower-earning spouses who took time off to raise children or care for an aging parent may not be eligible based on the taxes they paid into the system.

Some people have a hard time getting their one-time pass code to log on to their My Social Security account.

Many of the bill’s provisions are taken from the Retirement Enhancement and Savings Act, which enjoyed some bipartisan support.

The years between 60 and 70 present a great opportunity for seniors to make moves to protect their retirement savings.

Older couples should determine whether they are physically ready for the task, as moving can be stressful for people of advanced age.

Workers should consider contributing enough to their 401(k) plans to get their employer's match before making contributions to an IRA.