Retirement

Although more taxpayers are expected to use the standard deduction, they can still claim the tax deduction for IRA contributions.

Traditional financial literacy programs may be ignoring the fact that for many employees, money is deeply emotional.

Retirees who opt to file at a much later date can earn delayed retirement credits that could boost their benefits by as much as 32%.

Employers hold a key role for many millennials who just aren’t saving enough money.

Although earnings in a deferred annuity will not be included in an investor's adjusted gross income, future withdrawals from the annuity could trigger a bigger tax bill.

It would raise enough new revenue to more than restore long-term balance of the program.

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.

High cash-out rates exacerbate an already challenging situation for some minority retirement savers. Households making $20,000 or less are especially vulnerable.

Lawmakers and policymakers should make retirement savings plans universally available if they want to help Americans secure their golden years.

More than two-thirds of retirees say they live as well or better in retirement than when they were working.