Do target-date funds make sense for employees?
While the funds are ideal for certain people, they don't address important retirement considerations, such as the cost of funding a comfortable living and a person’s savings rate.
Retirement withdrawals
4 ways to take money from 401(k)s or IRAs without paying a penalty
IRA investors can draw funds from their accounts tax-free if the money will be used to fund college tuition and other related costs.
Why working past 65 can be doubly rewarding
Adding five years to working years will enable workers to replace their pre-retirement income by up to 90% instead of 60% in some cases,
Health savings account vs. 401(k), which is better for savers?
Tax-free withdrawals could outweigh an employer's match if early withdrawals are made for expenses like healthcare.
Retirement savers should ignore market forecasts
Retirees should stick to their strategies and diversify their portfolios with various sources of income.
Missing this retirement deadline could trigger a 50% tax penalty
Seniors who are 70 1/2 and older should ensure that they take their first required minimum distribution from tax-deferred retirement accounts by Dec. 29.
3 money mistakes that could ruin workers’ retirement
Employees should refrain from cosigning their child's student loan, as Social Security could garnish their retirement benefits if the child defaults on the loan payments.
Tips for avoiding costly RMD missteps
Missing required 401(k) minimum distributions are subject to a penalty equal to half the amount that should have been taken.
Trump asks Americans, ‘how’s your 401(k)?’ Here’s the answer
Although the current year has been good for participants, many workers are not investing in a retirement plan.
The December 31 deadline for a clever Roth IRA tax move
Investors are advised to do a Roth conversion before year-end to make the most of the federal tax deduction for state and local income taxes, which could disappear next year.
3 tax-planning mistakes retirees too often make
Relying too much on tax-loss harvesting to generate an income is a common mistake that workers should avoid after they retire.
3 tax-planning mistakes retirees too often make
Relying too much on tax-loss harvesting to generate an income is a common mistake that clients should avoid after they retire.
Get a tax-smart plan for in-retirement withdrawals
Retirees who have reached the age of 70 1/2 should take required minimum distributions from tax-deferred accounts, while those who are younger should draw from their taxable accounts.
Get a tax-smart plan for in-retirement withdrawals
Retirees who have reached the age of 70 1/2 should take required minimum distributions from tax-deferred accounts, while those who are younger should draw from their taxable accounts.
4 smart Social Security moves to make before year-end
Workers can improve the odds of getting bigger Social Security benefits after they retire by asking for a salary raise from their employer.
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.
5 early retirees share their top money-saving tip
Workers should learn to reduce their housing, transportation and food costs, cut unnecessary expenses, and develop the habit of packing their lunch to work.
5 early retirees share their top money-saving tip
Clients should learn to reduce their housing, transportation and food costs, cut unnecessary expenses, and develop the habit of packing their lunch to work.
Don’t overlook the ‘kiddie tax’ when naming IRA beneficiaries
Clients who intend to name minor children as beneficiaries of their IRAs should take taxes into consideration before making a decision.
Don’t overlook the ‘kiddie tax’ when naming IRA beneficiaries
Clients who intend to name minor children as beneficiaries of their IRAs should take into consideration the "kiddie tax" before making a decision.
