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One-third of households headed by Americans aged 65 and older derive 90% of their retirement income from Social Security, according to a GAO report.
November 29 -
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."
November 27 -
Those who leave the workforce can maximize the tax benefits by donating a portion of their IRA assets directly through a qualified charitable distribution
November 22 -
More employers are increasingly becoming more open to making seasonal jobs into a year-round work and hiring retirees on a part-time basis.
November 21 -
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.
November 17 -
The tax cut proposal would not benefit retirees because most of them either owe no federal income taxes or face a modest tax burden.
November 16 -
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.
November 15 -
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.
November 15 -
Under the rules, seniors face a tax liability for HSA contributions if they carry health coverage other than the high-deductible policy.
November 8 -
Employees should search the Department of Labor's Form 5500 filings to get their former employer's contact information.
November 3








