Benefits Think Here’s what not to do with employer-sponsored defined contribution plans
Advisers can help guide workers who are considering the best option for their retirement plan.
Sandy Blair
CalSTRS
Retirement withdrawals
Benefits Think Here’s what not to do with employer-sponsored defined contribution plans
Advisers can help guide workers who are considering the best option for their retirement plan.
Sandy Blair
CalSTRS
For American workers, 4 key retirement issues to watch in 2019
The new year is expected to be a turning point that will help more workers secure their retirement.
Social Security will be around when you retire, but don’t expect to live off it
Despite Social Security's financial woes, the revenue shortfall can be easily fixed, say experts at Boston College Center for Retirement Research. But it will only go so far in paying for living expenses.
Here’s some potential good news about required minimum distributions
The Trump administration is considering pushing back the age at which retirees have to take required minimum distributions from tax-deferred retirement account.
There are thousands of ways to claim Social Security — here are three
Waiting until your 70th birthday is the much-discussed strategy to maximize benefits. But in some circumstances, you won't miss out if you file earlier.
How to tap retirement savings without getting hit with a penalty
IRS rules allow clients in certain circumstances to tap their retirement accounts before the age of 59 1/2 without a 10% penalty. But this still should be considered a last resort, an expert says.
The 4% retirement rule is just a starting point
The guideline used a specific set of assumptions: a retirement lasting 30 years with savings in a tax-deferred account and nothing left for heirs. Change just one and your “safe” withdrawal rate may differ.
Retiree tax tip: Tally taxes on Social Security
Retirees will owe taxes for up to 85% of their Social Security benefits if their adjusted gross income plus nontaxable interest exceed a certain threshold.
The best way to save for retirement may be to not think about it
Plan design features like automatic enrollment and automatic increases are having a positive impact. Such steps are designed to increase participation even from people who may be suffering from inertia, says a researcher.
Will single boomers move to senior housing?
Many single baby boomers opt to stay put in retirement because they have no children who would advise them to move to an assisted living or continuous care community.
Finding health insurance before Medicare
Employees are advised to start looking for coverage in the marketplace, which will be open for 2019 enrollment from Nov. 1 through Dec. 15.
4 signs your employee retired too early
Retirees may have gotten out of the workforce too early if they are not yet eligible to claim health coverage through Medicare.
2 strategies to simplify taxes in retirement
Instead of making quarterly tax payments, retirees have the option of having the payments withheld from their Social Security and pension benefits.
Why Social Security isn’t going broke
The worry that many feel about the possible reduction in their future retirement benefits as a result of Social Security's dwindling trust fund is misplaced, says an expert.
Is your client’s retirement portfolio all-weather?
Retirement investors should ensure that their portfolios can withstand rising interest rates, inflation and recessions.
One big retirement lie and what workers need to know about it
Socking away all retirement savings in traditional 401(k) and IRA accounts may no longer be wise.
Why didn’t many retirees see a Social Security increase?
Although the cost of living adjustment increased 2% this year, half of retirees cannot expect a substantial increase in their benefits.
The exciting feature 67% of 401(k) plans offer
Two in three plans offer a Roth savings feature, an option 401(k) participants should take advantage to reduce their tax liability.
Why cryptocurrency is making its way into retirement plans
More retirement investors are including cryptocurrency in their portfolio because it helps them achieve diversification.
