Roth IRAs

“The advice I give is to calculate the financial impact for each option,” an expert says.

This rise of the so-called grey divorce has created a number of uncommon and complex issues for retirement accounts.

Ill-prepared investors are advised to vigorously plan their expenses and aggressively save in their 401(k)s and IRAs.

Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.

Workers from both generations share similarities — and financial pressures — when planning for retirement, writes an expert.

The gender gap is alive and well when it comes to career timeouts and savings often take the hit.

Chances are high that one or both parents who have left the workforce ahead of their full retirement age are still working out of necessity.

If they fear a sharp downturn, seniors may want to avoid locking up their retirement accounts in long-term bonds.

Seniors who negotiate for such an arrangement should consider their finances, flexibility and mutual benefits.

Withdrawals for non-medical expenses would no longer be penalty-free under the proposal.