Gen Z investors are all-in on Roth. Here’s why
Generation Z is favoring Roth accounts like no generation before, new Fidelity research shows.
Roth IRAs
Self-directed SIMPLE IRAs: What employers need to know
SIMPLE IRAs provide greater investment flexibility than traditional options, making them appealing to employers and employees alike.
A financial planning benefit all military families should know about
In unique circumstances, contribution limits to a Roth IRA do not apply. Here’s why.
Retirement accounts at ‘serious risk’ as COVID-19 spurs bankruptcies
To protect client nest eggs, advisors must know which savings vehicles are protected — and they’re not all created equal.
Advising coronavirus-strapped clients who need cash now
Early withdrawals from retirement accounts may be unavoidable in today’s economic climate. You can help mitigate the damage.
Cashing out a 401(k) due to coronavirus? Consider these things first
For one, clients will owe taxes still on the distributions, unless they recontribute the money into the account within three years.
Here’s what to do if clients need to postpone retirement
By extending their working years, seniors can see an increase in their Social Security payouts.
Clients should expect the unexpected in retirement
While some retirees have seen a substantial increase in spending, many others are enjoying financial freedom.
How can women do a better job preparing for retirement?
More than a quarter of women in a recent survey say they are confident they will comfortably retire, while almost a third of men voiced the same confidence.
How to handle Medicare if clients are working at 65
“The advice I give is to calculate the financial impact for each option,” an expert says.
How new rules could affect the way clients save for retirement
Seniors choosing between traditional and Roth IRAs must account for their current and future tax rates.
Older workers are staying in the job market. Here’s why
The spike in the number of older employees in the workplace reflects a trend over the past decade.
Clients can now make IRA contributions at any age. But should they?
Pre-retirees may consider funding a Roth account to take advantage of tax-free compounding and tax-exempt withdrawals in retirement, an expert writes.
Where will younger clients find retirement income?
Nearly 48% of younger Americans feel they are not saving enough to secure their lifestyles after leaving the workforce, a report finds.
How you can help your clients cope with a forced retirement
To reduce the risk of retiring early, seniors are advised to take on a part-time job or downsize to reduce expenses.
Will your clients be forced to claim Social Security early?
Many pre-retirees leave the workforce sooner than anticipated as a result of various factors, such as job loss and illness.
What to do about Medicare if your clients are 65 and working
“The advice I give is to calculate the financial impact for each option,” an expert says.
Divorcing clients? Here’s how to split an IRA
This rise of the so-called grey divorce has created a number of uncommon and complex issues for retirement accounts.
Some clients feel they’ll never be ready for retirement
Ill-prepared investors are advised to vigorously plan their expenses and aggressively save in their 401(k)s and IRAs.
Now might be a good time to save in Roth accounts
Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.
