Social Security

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.

Conventional wisdom says to postpone filing for benefits until full retirement age or, even better, until your 70th birthday. Are there some cases when that doesn't apply?

One approach to determine a retirement withdrawal rate is to set a fixed percentage of their portfolio every year, says an expert. But there are other strategies, as well.

Compared to lower earners, clients with moderate and higher incomes will owe more taxes on the distributions from tax-deferred accounts after they retire.

Companies should consider offering older workers the option of taking a phased retirement to enable them to transition to the golden years.

Workers should consider contributing the maximum amount to their 401(k)s, whose contribution limits have increased for this year.

Seniors who intend to get a Medigap policy to supplement their traditional Medicare coverage may have trouble getting one.

The stock market typically recovers from bear markets in far less time than most doom-and-gloomers think, says an expert.

Thousands of federal workers who are furloughed or working without pay because of the partial government shutdown should use budgeting to cope with the hard times.

Federal employees who retire during the partial government shutdown would have to wait a longer time to take retirement distributions from their savings plans.