Is this expense killing your retirement budget?
Retirees often underestimate the cost of the second-largest expense for people 65 and older.
Retirement income
7 things retirees need to know about their 2018 tax return
Seniors are more likely to opt for the standard deduction, which increased under the new tax law, but those who want to maximize their deductions have several considerations.
Can the government help you save for retirement?
Lawmakers this year are expected to pursue measures that will help Americans enhance their retirement prospects.
How to avoid cashing out your 401(k)
A recent ruling by the U.S. Labor Department could open the door for automatic 401(k) transfers between employers, which means fewer workers will be tempted to cash out.
These non-essential costs are probably getting in the way of your financial goals
Millennials lag behind in terms of credit card debt and retirement savings, but they spend the most on vacation, dining out and other unnecessary expenses, according to a new study.
When taking Social Security at 62 could be wise
Conventional wisdom says to postpone filing for benefits until full retirement age or, even better, until your 70th birthday. Are there some cases when that doesn't apply?
3 approaches to setting a withdrawal rate
One approach to determine a retirement withdrawal rate is to set a fixed percentage of their portfolio every year, says an expert. But there are other strategies, as well.
The money in your 401(k) and IRA accounts doesn’t belong entirely to you
Compared to lower earners, clients with moderate and higher incomes will owe more taxes on the distributions from tax-deferred accounts after they retire.
Is phased retirement a good fit for you?
Companies should consider offering older workers the option of taking a phased retirement to enable them to transition to the golden years.
Maximum 401(k) contributions climb for 2019. Here’s what that means for savers
Workers should consider contributing the maximum amount to their 401(k)s, whose contribution limits have increased for this year.
Switching to a new Medicare Advantage plan gets easier
Seniors who intend to get a Medigap policy to supplement their traditional Medicare coverage may have trouble getting one.
Benefits Think Sidecar accounts can help plug 401(k) leakage — to an extent
Although rainy day funds can be useful in the ongoing struggle to curtail leakage of savings from defined contribution plans, they won’t plug the biggest hole in the retirement system’s proverbial bucket.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
10 worst states for retirement
Maryland and New Jersey are among the least-appealing places for employees to spend their post-work years in 2019, due in part to affordability, health-related factors and overall quality of life.
Why retirees shouldn’t fear a bear market
The stock market typically recovers from bear markets in far less time than most doom-and-gloomers think, says an expert.
ADP to offer SmartDollar’s financial wellness program
Thousands of employers using the payroll company's software now have the option to offer the online program to employees.
How to get by without a paycheck, as shutdown rolls on
Thousands of federal workers who are furloughed or working without pay because of the partial government shutdown should use budgeting to cope with the hard times.
Federal workers are yanking money out of retirement accounts
Growing numbers of federal workers have been tapping their retirement funds in a sign of how the government shutdown is squeezing day-to-day finances.
ADP to offer SmartDollar’s financial wellness program
Thousands of employers using the payroll company's software now have the option to offer the online program to employees.
The government shutdown is disrupting retirement plans for some federal employees
Federal employees who retire during the partial government shutdown would have to wait a longer time to take retirement distributions from their savings plans.
Benefits Think The missing link in helping employees save for retirement
Without an efficient, cost-effective way to transfer 401(k) account balances from plan to plan, participants are more likely to strand their accounts — or worse, prematurely cash out their savings.
Spencer Williams
Portability Services Network and Retirement Clearinghouse