Tax

Companies often fail to implement the unique FICA tax rules applied to NQDC plans and this can create confusion.

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.

Clients will be able to contribute more to these accounts in 2019 because of changes in tax law, but choosing a plan is still no easy decision.

The new year is expected to be a turning point that will help more workers secure their retirement.

Lower-earning spouses who took time off to raise children or care for an aging parent may not be eligible based on the taxes they paid into the system.

Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.

The holidays are fast approaching, which means it is time to start doing some year-end tax planning.

Retirees could end up paying taxes on the majority of their Social Security benefits when certain conditions are met.

Workers should consider contributing enough to their 401(k) plans to get their employer's match before making contributions to an IRA.

Working longer and delaying Social Security are some of the ways they can recover.