Retirement

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

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

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.

One tip for seniors: They should register their My Social Security account as early as they can before other people can create the account.

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

About 77% of people 50 and older want to stay where they are as long as possible, according to a survey. But clients who want to — or have to — move, have a number of options each with pros and cons.

Retirees often underestimate the cost of the second-largest expense for people 65 and older.

Seniors are more likely to opt for the standard deduction, which increased under the new tax law, but those who want to maximize their deductions have several considerations.

Lawmakers this year are expected to pursue measures that will help Americans enhance their retirement prospects.

A recent ruling by the U.S. Labor Department could open the door for automatic 401(k) transfers between employers, which means fewer workers will be tempted to cash out.

Millennials lag behind in terms of credit card debt and retirement savings, but they spend the most on vacation, dining out and other unnecessary expenses, according to a new study.