Retirement income

Municipal bonds can be a more lucrative option for some retirement savers than comparable, higher-yielding bonds.

“Public pension plans continue to bury their heads in the sand living in a time warp of decades-old actuarial assumptions,” says a former Connecticut state treasurer.

Fidelity Investments is trimming fees on the target-date index funds it sells to retirement plans and rolling out new offerings that combine active and passive strategies.

Seniors receiving pension payments should ensure that their tax withholding is enough to cover the tax liability on the income and avoid trouble with the IRS.

Academic and non-profit institutions need a new strategy for today’s changing needs.

Contrary to what many people think, Social Security will continue to pay benefit payouts to future retirees even after the program exhausts its trust funds by 2034, says expert.

During that first 10 years of our 40-year careers, most of us contribute very little or nothing to our retirement accounts. At that time in our lives, retirement seems pretty far off – but it isn’t.

Starting small, with financial checklists and cash flow worksheets, can have a large impact on plan participants.

A portion of retirees’ Social Security benefits may be taxed at the federal level if their combined income exceeds a certain limit.

Ten states and one city have already taken steps to offer government-facilitated retirement programs.