Will clients pay taxes on Social Security?
Until the early 1980s, Social Security wasn't taxed. But in some situations today, clients may be in for a surprise.
Social Security
10 factors to consider before moving to a retirement community
Clients should ask themselves if a remote, self-contained community fits their personality and if they want to live with other seniors.
10 factors to consider before moving to a retirement community
Clients should ask themselves if a remote, self-contained community fits their personality and if they want to live with other seniors.
Make sure workers meet their first RMD deadline
Retirees who turned 70 1/2 in 2016 have until April 1 to take required minimum distributions from their tax-deferred retirement accounts.
When do state pension plans reduce Social Security benefits?
A retired teacher who receives a state pension in California may still qualify if they paid into the program and earned 40 credits, says a certified financial planner.
4 overlooked tax breaks for retirees
Many seniors are unaware that Medicare premium payments are deductible, while their spouses who are still working can contribute to a spousal IRA and reduce their taxable income.
4 overlooked tax breaks for retirees
Many seniors are unaware that Medicare premium payments are deductible, while their spouses who are still working can contribute to a spousal IRA and reduce their taxable income.
How marriage can result in a secure retirement
Getting married could boost couples' retirement prospects as it opens more retirement savings options, such as a spousal IRA.
3 reasons to marry for money
Getting married could boost couples' retirement prospects as it opens more retirement savings options, such as a spousal IRA.
Are taxes lurking in tax-free retirement accounts?
Investors can expect a bill from their traditional IRA or Roth IRA if they hold non-traditional assets, such as limited partnerships.
Why did some 401(k)s earn 4% last year when the S&P was up 10%?
Despite a stock market rally, it is possible that American's 401(k) returns will remain low.
Last-minute IRA tips before filing taxes
Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.
Last-minute IRA tips before filing taxes
Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.
How much should employees save by age 30
Clients in their 20s should focus on retirement savings as much as their other financial needs, such as rent and credit card payments.
Making Medicare work for employees
Retirees who earned at least 40 work credits are entitled to Medicare Part A and can pay for Part B through their Social Security checks.
Making Medicare work for clients
Retirees who earned at least 40 work credits are entitled to Medicare Part A and can pay for Part B through their Social Security checks.
Charity donations can count toward employees’ IRA withdrawals
From a tax perspective, donating required minimum distributions from a traditional IRA to a qualified charity is a smart move for retirees.
Charity can count toward clients’ IRA withdrawals
From a tax perspective, donating required minimum distributions from a traditional IRA to a qualified charity is a smart move for retirees.
Lawmakers try to stop state-sponsored retirement plans
Small businesses would not be allowed to enroll their employees automatically in state-run plans under legislation introduced in Congress.
Retiring today is 10 times riskier than it was a decade ago
Investors need to increase their allocation to stocks and other riskier investments to get the portfolio return that they need to secure their retirement.
