Retirement scan

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.

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

A couple who expects to earn a bigger income in the future is advised to convert part of their IRA into a Roth now while they are in a lower tax bracket.

A couple who expects to earn a bigger income in the future is advised to convert part of their IRA into a Roth now while they are in a lower tax bracket.

401(k) participants can create a pension-like source of retirement income by using a portion of their assets to buy a longevity income annuity.

Some experts say that people are living longer past the age of 70 and they should not be forced to make unnecessary taxable withdrawals.

S&P 500 company pension plans' funding levels increased a mere 1% despite the $40 billion in contributions that these firms made to their plans.

Retirees can suspend and resume their Social Security retirement benefits any time after their full retirement age even if they started collecting the benefit before reaching their FRA.

A majority of baby boomers polled by Bankers Life Center for a Secure Retirement say that the economy has yet to fully recover from the 2007 financial meltdown.

A Roth IRA would come ahead of a traditional IRA if employees move to a higher tax bracket in retirement.

A Roth IRA would come ahead of a traditional IRA if clients move to a higher tax bracket in retirement.