Roth IRAs

When planning for retirement, it is important for workers to think in terms of their source of income in retirement, but which retirement vehicle offers the best perk?

Because next year will be too late.

“Public pension plans continue to bury their heads in the sand living in a time warp of decades-old actuarial assumptions,” says a former Connecticut state treasurer.

We have multiple goals in life and should be able to handle short-term debts and long-term goals without sacrificing one for the other, says one expert.

To avoid a hefty tax bill when taking withdrawals from retirement accounts, clients should consider holding their assets in three "tax buckets.”

Workers who want to make their retirement portfolio resilient to market volatility should veer away from core stock and bond holdings.

Historical simulations show that the value of investing in these accounts is getting an average of 1.7% in additional earnings.

Short-term returns are mostly noise, which, by definition, largely cancels itself out over time

Short-term returns are mostly noise, which, by definition, largely cancels itself out over time

If retirees intend to rely heavily on Social Security for income, they should consider adjusting the timing of their bills to the date that they will receive their benefits.

Clients should determine the benefits they would receive if they file at age 62, at full retirement age, and after their full retirement age.

Elderly workers should make sure they have enough fixed-income in their retirement portfolios to spin off cash to cover the gap between income and expenses until the market recovers.

A Roth IRA is a good savings vehicle for workers who expect to move to a higher tax bracket in retirement.

Workers aged 35 have to set aside 11.69% of their pay to keep up with those in their 20s socking away only 6% of their salary.

Sometimes the strategy can eliminate a domino effect of other expensive tax problems down the road, Ed Slott writes.

Parents should ensure that their child has earned an income adequate enough to be able to open an account, among other requirements.

Employees who converted traditional IRA assets into Roth last year can still undo the conversion this year if they are going to pay more in taxes than what they were supposed to gain

A study suggests seniors tend to be healthier and live longer if they continue working past the retirement age, rather than leaving the labor force for good.

Working longer and delaying Social Security could result in a bigger retirement benefit.

Investors are advised to liquidate some assets or transfer them to certificates of deposit and money market funds.