Changes to retirement accounts could be on the horizon as Congress considers legislation to enhance 401(k) plans and other retirement accounts.
For investors preparing for retirement, it may be more difficult to distribute retirement income than to accumulate.
For investors preparing for or in retirement, two key changes to Social Security, including a cost-of-living increase take effect this year.
With new limits on itemized deductions set by tax reform, senior investors may consider using a charitable IRA rollover provision to donate to charity.
As year-end nears, retirement planning becomes a focus for investors, especially retirees who have year-end deadlines for retirement income distributions.
Investors may want to consider a three-bucket strategy to manage risks in retirement such as longevity and liquidity risk.
With longevity increasing, investors need to make sure their savings last as long as they do.