Should retirees avoid the stock market?
Retired workers should remain invested in stocks even if they have to scale back their exposure to this investment type, experts say.
Retirement scan
Should retirees avoid the stock market?
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.
401(k) rollover actions not off the hook in fiduciary rule delay’
Financial advisors can still be held liable for violating impartial conduct standards even though the fiduciary rule has been delayed until 2019.
A harsh financial reality facing retirees
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.
One mistake seniors can’t afford to make
Retirees should ensure that they take their first required minimum distribution from their tax-deferred retirement account in the year they reach 70 1/2 or face a 50% penalty.
What to do with that 2% raise in Social Security checks
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."
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
Hiring older workers is suddenly in season
More employers are increasingly becoming more open to making seasonal jobs into a year-round work and hiring retirees on a part-time basis.
Investments that should (and shouldn’t) go into an IRA
High-yield or junk bonds, equities, and real estate investment trusts are excellent investment options for IRAs.
Are American seniors sicker and poorer than their peers elsewhere?
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.
Are GOP tax cuts and retirees a no-win?
The tax cut proposal would not benefit retirees because most of them either owe no federal income taxes or face a modest tax burden.
Senate tax tweak would curb pretax 401(k) catch-up contributions
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.
Senate tax tweak would curb pretax 401(k) catch-up contributions
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.
How to get entirely tax-free retirement income
A health savings account can be used to cover medical bills and can also be a great savings vehicle for retirement.
How this classic savings strategy could increase taxes when workers retire
Employees who sock all their savings in a tax-deferred 401(k) plan will owe taxes at a higher rate when the funds are withdrawn in retirement.
Should workers use reverse mortgages in retirement?
Far too many financial advisors overlook home equity as part of a retirement income plan.
This GOP tax plan provision could be ‘catastrophic’ for seniors
The tax plan would make itemized deductions less valuable so some retirees would lose a deduction that covers payments for nursing homes, assisted living or inpatient hospital care.
Help workers avoid a Medicare trap that could increase taxes
Under the rules, seniors face a tax liability for HSA contributions if they carry health coverage other than the high-deductible policy.
Roth 401(k) plans not fully appreciated by many workers
The Roth 401(k) is more flexible than a Roth IRA, and it is funded with after-tax dollars, which can help "diffuse the potential tax bomb."
Roth 401(k) plans not fully appreciated by many clients
The Roth 401(k) is more flexible than a Roth IRA, and it is funded with after-tax dollars, which can help "diffuse the potential tax bomb."
