5 big changes for retirees in 2018
Retirees will have to alter the way they file taxes under the new tax law, including making two years' worth of charitable donations every other year to exceed the standard deduction and itemize.
Social Security benefits
The super-easy retirement investing plan
Employees who prefer a simple retirement investing strategy should consider a dividend stock index fund.
3 top index funds for an employees’ IRA
Workers may want to opt for a fund that follows small companies as they will benefit from a lower corporate tax rate under the new tax law.
What makes the U.S. retirement system a bad example
A pension expert from the Netherlands says that the U.S. retirement system sets a bad example in securing the golden years of its workforce.
3 money mistakes that could ruin workers’ retirement
Employees should refrain from cosigning their child's student loan, as Social Security could garnish their retirement benefits if the child defaults on the loan payments.
7 ways to travel more in retirement
Retirees should take advantage of their flexible schedule, which allows them to go on vacation during off season to save on costs.
7 ways to travel more in retirement
Retirees should take advantage of their flexible schedule, which allows them to go on vacation during off season to save on costs.
Fixing small-company 401(k)s
Small firms are allowed to set up multiple-employer plans, but the government needs to "simplify and rationalize the rules" for these types of plans, says an expert.
401(k) retirement balances exceed expectations
New data shows that the average account balance broke records after increasing to $99,900 in the third quarter.
Social Security income can make or break retirees’ plan
Retired workers should claim their retirement benefits only when other taxable income sources are used up, as their benefits could be taxed if their taxable earnings reach a certain threshold.
What to do with that 2% raise in Social Security checks
In September, the inflation rate was 2.23%, slightly higher than the proposed Social Security increase. So realistically, recipients "will not be better off at all."
Hiring older workers is suddenly in season
More employers are increasingly becoming more open to making seasonal jobs into a year-round work and hiring retirees on a part-time basis.
Are American seniors sicker and poorer than their peers elsewhere?
Indeed they are. Not only are they less healthy, they are more likely to worry about not having enough funds for housing, utilities and other necessities.
Senate tax tweak would curb pretax 401(k) catch-up contributions
Employees aged 50 and above would no longer be able to make catch-up contributions on a pretax basis to their retirement plans under the Senate version of the GOP tax proposal.
Senate tax tweak would curb pretax 401(k) catch-up contributions
Employees aged 50 and above would no longer be able to make catch-up contributions on a pretax basis to their retirement plans under the Senate version of the GOP tax proposal.
Help workers avoid a Medicare trap that could increase taxes
Under the rules, seniors face a tax liability for HSA contributions if they carry health coverage other than the high-deductible policy.
How to find workers’ lost 401(k) benefits
Employees should search the Department of Labor's Form 5500 filings to get their former employer's contact information.
How to find clients’ lost 401(k) benefits
Clients should search the Department of Labor's Form 5500 filings to get their former employer's contact information.
How a $2.4K cap on 401(k) deductions would affect future retirees
The proposal to limit the 401(k) tax deductions would affect 55 million Americans of all ages and income levels, according to study.
How a $2.4K cap on 401(k) deductions would affect future retirees
The proposal to limit the 401(k) tax deductions would affect 55 million Americans of all ages and income levels, according to study.
