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This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.
November 27 -
"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.
November 26 -
Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.
November 21 -
Retirees could end up paying taxes on the majority of their Social Security benefits when certain conditions are met.
November 20 -
Scammers can learn quite a bit of information from social media so don’t think that just because they know a couple pieces of information about you and your family that they are legit.
November 19 -
The number of older Americans who are carrying student loan debt into retirement has grown to 2.8 million from 700,000 in 2005.
November 16 -
Assisted-living expenses increased 7%, according to one study, which is triple the rate of inflation.
November 15 -
The move is the latest effort to reduce the early flow of money out of 401(k)-style plans.
November 14 -
Older couples should determine whether they are physically ready for the task, as moving can be stressful for people of advanced age.
November 9 -
A typical Social Security payment is likely to cover basic costs in these areas.
November 8 -
Working longer and delaying Social Security are some of the ways they can recover.
November 2 -
Conventional wisdom says to wait as long as possible to claim retirement benefits, but there are exceptions to the rule.
October 26 -
The proposed rule from the Labor Department would allow small companies with a common owner or those in the same trade group to band together and create multi-employer plans.
October 24 -
The cost of nursing home services is on the rise, with the annual medical cost of a private room in such a facility now standing at $100,375.
October 23 -
While tax reform has been a mixed bag for muni bonds, a few factors working in their favor include constrained supply this year, as well as historically low defaults.
October 22 -
There are hundreds of rules and claiming strategies – the wrong one can have major repercussions.
October 17 -
Workers are advised to contribute enough to their workplace plans to get the match even while paying off their college debt.
October 16 -
Compared with college-educated professionals, high school educated workers retire earlier because their jobs are physically demanding and less appealing for aging workers.
October 15 -
Seniors will have to pay income taxes on a certain portion of their benefits if their taxable income plus 50% of the benefits exceed a certain threshold.
October 10 -
For potential landlords, owning rental property can sometimes be managed from a laptop or even a phone.
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