Retirement scan

Long-term care brings hefty costs, which won't be completely covered by Medicare, so clients may want to consider living-benefits products, an asset-based long-term care coverage or an annuity.

Under new laws, plan participants are allowed to take such action without any upfront tax consequences.

Most Americans maintain or even increase their spendable incomes after they started collecting Social Security, according to one of the experts who conducted a study.

Delayed retirement credits only accrue to age 70, but there still may be tax issues to consider.

ESG investing is one way to motivate young clients and boost their contributions.

ESG investing is one way to motivate young clients and boost their contributions.

Retirees are vulnerable to financial exploitation as the government has no formal systems for complaints and interventions.

Retirees are vulnerable to financial exploitation as the government has no formal systems for complaints and interventions.

The new retirement system will allow for 401(k)-type savings and provide financial education services to help military personnel make better investing decisions.

There is no guarantee that TDFs generate the needed returns, and these funds may have hidden multiple fees, an expert explains.

They can direct the payments to fund life insurance that they can use for estate taxes, charitable gifts and leave as a legacy for their loved ones.

A bipartisan bill calls for an increase in full retirement age two months every year between 2022 and 2034 and indexing normal retirement age to life expectancy.

Retirement looks bleak for many Americans and the Trump administration does not seem to be part of the solution, according to this opinion article.

They can direct the payments to fund life insurance that they can use for estate taxes, charitable gifts and leave as a legacy for their loved ones.

Among workers age 60 and older, 50% intend to wait to retire, or have no plans to retire at all,

Retirement looks bleak for many Americans and the Trump administration does not seem to be part of the solution, according to this opinion article.

Among workers age 60 and older, 50% intend to wait to retire, or have no plans to retire at all,

Couples may choose a survivorship option when collecting pension benefits, although this could result in a lower monthly payment.

Couples may choose a survivorship option when collecting pension benefits, although this could result in a lower monthly payment.

Workers who withdraw from their 401(k) plan lose about 25% in compounded growth.