Annuities

Employees may want to cash in their retirement accounts but other variables complicate the outlook.

Data from retail investors firm Hearts & Wallets show that the number of clients owning taxable brokerage accounts has increased 10% over the past five years.

Annuities can be qualified or non-qualified and are subject to different tax treatments. There are also estate tax consequences as well as tax penalties to consider.

Workers with a high-deductible health plan will be better off setting up a health savings account, which offers tax benefits for savings earmarked for future medical expenses.

Many employees expect to collect more than they actually will, which can prompt them to retire and file for benefits early and, in turn, reduce their actual payouts.

Many retirees kept their financial assets for at least 20 years after retiring, according to a study by the Employee Benefit Research Institute.

New research finds that Americans are stashing more cash in their 401(k)s than in savings account.

Employees looking to launch a business should consider collecting their retirement benefits early.

Retirees should take advantage of their flexible schedule, which allows them to go on vacation during off season to save on costs.

Retirees should take advantage of their flexible schedule, which allows them to go on vacation during off season to save on costs.

Retired workers should remain invested in stocks even if they have to scale back their exposure to this investment type, experts say.

Those who leave the workforce should remain invested in stocks even if they have to scale back their exposure to this investment type, experts say.

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.

Offering low-cost investment options on plans can help employees mitigate longevity risk and provide options for workers with distinct savings goals or priorities.

Offering low-cost investment options on plans can help employees mitigate longevity risk and provide options for workers with distinct savings goals or priorities.

Far too many financial advisors overlook home equity as part of a retirement income plan.

The government should promote universal access to retirement savings and give workers more options for the spend-down phase of retirement, according to the study.

The government should promote universal access to retirement savings and give Americans more options for the spend-down phase of retirement, according to the study.

Retirees who are considering investing in an immediate annuity can make sure they get a competitive quote by consulting the annuity payment calculator at immediateannuity.com.

Retirees who are considering investing can make sure they get a competitive quote by consulting the annuity payment calculator at immediateannuity.com.