Social Security proposal retains — and even enhances — benefits
It would raise enough new revenue to more than restore long-term balance of the program.
Retirement scan
The most likely cause of financial ruin — and few prepare for it
Even middle-class households who have health insurance are at risk, as a researcher points out that they are the ones who filed for the most bankruptcies.
Forget the 401(k). Let’s invent a new retirement plan
Lawmakers and policymakers should make retirement savings plans universally available if they want to help Americans secure their golden years.
Social Security scams are a growing threat to retirees
One tip for seniors: They should register their My Social Security account as early as they can before other people can create the account.
Where-to woes of retirement: The pros and cons of retirement housing options
About 77% of people 50 and older want to stay where they are as long as possible, according to a survey. But clients who want to — or have to — move, have a number of options each with pros and cons.
Is this expense killing your retirement budget?
Retirees often underestimate the cost of the second-largest expense for people 65 and older.
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.
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.
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.
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.
Here’s when seniors might be looking at Social Security cuts
Seniors are advised to take measures to prepare for a possible shortfall in retirement income, as there is no guarantee for an immediate fix to the problem.
