Age milestones can trigger financial planning actions
Many financial planning actions are linked to age milestones. See how key birthdays and other dates could signal financial planning moves.
Tag: Retirement
From dreaming to living: What you need to know about retiring abroad
As the number of Americans retiring in other countries continues to grow, here are five considerations for individuals planning to retire abroad.
Final regulations deliver clarity on 10-year rule
With final regulations announced, heirs now have clarity on the 10-year rule for distributions from inherited retirement accounts.
New ways to avoid early withdrawal penalties from retirement accounts
IRS recently provided details on new provisions to avoid the early withdrawal penalty from retirement accounts.
A marriage may end but not Social Security benefits
If they meet certain requirements, a divorced individual can receive Social Security benefits similar to a married spouse.
Taxes in retirement may surprise retirees
Individuals saving for retirement may overlook state taxes which can mean a larger tax bill in retirement than expected.
State mandates drive business owners to explore retirement plans
With more states requiring workplace savings plans it may be an opportune time for businesses to establish their own retirement plans now.
Growing number of single households face unique challenges
Without additional resources single households may be more vulnerable to financial shortfalls, making financial planning particularly important.
Open enrollment presents opportunity to change Medicare plans
Medicare holds an open enrollment period that allows participants to sign up or make changes to existing plans, which could result in cost savings.
Here are six tools to calculate Social Security claiming options
How and when to claim Social Security benefits is one of the most important retirement and there are dozens of free online tools that offer some guidance.