4 things workers should consider when retiring before a spouse
Employees should look into filing for Social Security as soon as they retire to generate extra income and allow their spouse to delay and grow their retirement benefit.
Mortgages
Comparing self-employed retirement plans
The solo 401(k), the SEP IRA and a SIMPLE IRA are retirement savings vehicles that are meant for contractors, freelancers and other self-employed individuals
Trump’s budget could let those on Medicare use this tax-favored account
The proposed budget includes a provision that would give Medicare recipients the option to contribute to a health savings account, which would offer various tax benefits.
Year-end charitable giving strategies for retirees
Those who leave the workforce can maximize the tax benefits by donating a portion of their IRA assets directly through a qualified charitable distribution
Reverse mortgage rules to change positively and negatively for retirees
Some say the changes could make the Federal Housing Administration's program less attractive to borrowers, but they could also improve the market.
Reverse mortgage rules to change positively and negatively for retirees
Some say the changes could make the Federal Housing Administration's program less attractive to borrowers, but they could also improve the market.
Should workers put their countdown to retirement on hold?
Employees should consider postponing their retirement, especially if they work for the federal government.
Should clients put their countdown to retirement on hold?
Older employees should consider postponing leaving the workforce, especially if they work for the federal government.
Financial milestones to reach before retirement
Clients should plan to replace roughly 80% of their pre-retirement income after they leave the workforce for good.
Retirement literacy shockingly low: survey
The average score of correct answers was 47%, and only 5% of respondents earned a grade higher than C.
Which asset allocation strategy should retirees use?
Retirees may opt for current market valuation or their funded ratio as the basis for the allocation.
Which asset allocation strategy should retirees use?
People who have left the workforce may opt for current market valuation or their funded ratio as the basis for the allocation.
Why reverse mortgages are worth a look: Retirement Scan
The proceeds can be used to pay the tax bill from converting a 401(k) and traditional IRA into a Roth account.
Why reverse mortgages are worth a look
The proceeds can be used to pay the tax bill from converting a 401(k) and traditional IRA into a Roth account.
