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.
Planning for both discretionary spending as well as essential expenses is important when saving for retirement.
Seeking advice and developing a financial plan can be critical for graduates navigating next steps after college.
A strategy that allows investors to make an IRA-to-HSA transfer may be used only once in a lifetime.