retire
-
Revocable Trust vs. Will: Secure Your Estate Plan
Coronavirus has proven to be a major threat to our overall well-being. And with all the trouble it’s caused to families, now could be a good time to review your own estate planning needs. It&#
-
Protect Yourself: 3 Common Social Security Scams & How to Avoid Them
The coronavirus has upended the lives of many working folks, and while recipients of Social Security may not have to clock in to get their check, it’s affecting some of them, too. That’
-
CARES Act Retirement Withdrawals: What You Need to Know
With tens of millions of Americans out of work because of the coronavirus, several economic rescue packages have been put into place to help individuals and businesses survive the pandemic. The most
-
Best Part-Time Jobs for Retirees: Flexible & Rewarding Options
There are many reasons people stay in the workforce after they “retire.” Most people do it for the money, according to a December 2019 study by the Transamerica Center for Retirement St
-
Safe Harbor 401(k): Simplify Retirement Plans & Avoid Non-Discrimination Testing
A safe harbor 401(k) is a retirement plan that allows a company to avoid the regulations and expenses associated with nondiscrimination tests typically required of a 401(k) or other retirement accou
-
IRS Extends RMD Relief: Important Update for Retirees
The IRS just plugged a big hole in the relief package offered to American retirees earlier this year as part of efforts to mitigate the financial effects of the coronavirus.But Americans will have to
-
Financial Independence, Retire Early (FIRE): A Comprehensive Guide
The Financial Independence Retire Early movement, or FIRE, is a group of people trying to gain financial independence by amassing enough wealth and cutting their expenses so that they can retire extr
-
Deferred Annuities: A Comprehensive Guide for Retirement Planning
A deferred annuity is a popular way to structure an annuity for those seeking retirement income. An annuity pays out money over a period of time, typically during retirement, helping ensure that
-
Fixed Annuities: A Comprehensive Guide to Guaranteed Retirement Income
A fixed annuity is one popular way to secure an income for retirement, with the main advantage being that the annuity guarantees you a certain amount of income. While some fixed annuities may pay inc
-
Tax-Efficient Retirement Income Strategies: 5 Ways to Minimize Taxes
It’s surprising, but true – you can avoid paying taxes on a lot of your retirement income. The tax code has multiple options for legally avoiding taxes, but that doesn’t mean you
-
7 Proven Ways to Generate Extra Income in Retirement
If you’re looking to enjoy a comfortable retirement, you need income. And there are a number of ways to generate these types of earnings in retirement.After a lifetime of working, it can be gr
-
Understanding Vesting in Retirement Plans: A Comprehensive Guide
Vesting is an important concept in the world of employer retirement plans. For most people, they’ll encounter the term vesting when they’re dealing with their employer-sponsored retirem
-
Retirement Withdrawal Strategies: Maximize Your Savings & Secure Your Future
You’ve worked and saved for much of your life and now it’s finally time to retire and live off those savings. What’s the best approach to maximizing your retirement accounts such
-
Building a Strong Nest Egg: Your Guide to Financial Security
A nest egg is money that you’ve accumulated from saving and investing, and is typically used for retirement-related purposes. You might accumulate a nest egg in an employer-sponsored retiremen
-
Profit Sharing Plans: A Comprehensive Guide for Employees & Employers
A profit-sharing plan is a retirement plan that allows an employer or company owner to share the profits in the business, up to 25 percent of the company’s payroll, with the firm’s
-
Social Security & Biden: Potential Changes to Your Benefits
Add Social Security to the growing list of challenges that former Vice President Joe Biden will confront if he’s elected in November.The entitlement program has always been up against long-sta
-
Solo 401(k) vs. SEP IRA: Which Retirement Plan is Right for You?
The solo 401(k) and SEP IRA are two of the best retirement plans available for a small business owner – even a self-employed freelancer – looking to set up a professional caliber plan.
-
2021 IRA & 401(k) Contribution Limits: What You Need to Know
Workers looking to take advantage of a Roth IRA may have an easier path in 2021. That’s because the IRS has increased the income ranges on IRAs, allowing you to earn more money and still take
-
Spousal IRA: Secure Your Future Retirement Savings | [Your Brand]
A spousal IRA allows a non-working spouse to open an individual retirement account (IRA) and participate in the tax benefits of the retirement account. That can be especially beneficial in times of e
-
Non-Deductible IRAs & Backdoor Roth Conversions: A Comprehensive Guide
A non-deductible IRA offers one of the two major tax-savings benefits of a traditional IRA: the ability to grow your money tax-deferred until you take it out in retirement. The benefit it lacks
retire
- Gold in IRAs: A Guide to Investing for Retirement
- Roth IRA Income Limits: Understanding the Phase-Out Ranges
- Target Date Funds: Simplify Your Retirement Investing Strategy
- Understanding Disability Determination Services (DDS) | Social Security Benefits
- Solo 401(k) vs. SEP IRA: Which Retirement Plan is Right for You?
- Social Security COLA 2021: What Seniors Need to Know About Benefit Increases
-
Investing for Beginners: A Millennial's Guide to ETFsImage Credit: @SamanthaElisa/Twenty20 Millennials have every reason to feel shy about Wall Street. So many of our generational ills, from the housing crash to low wages to corporate corruption, s...
-
Understanding Currency Markets: A Key to Global Economic TrendsYou might not trade currencies, but you should know what they’re up to. Why? Because the dollar, the yen and others tell the story of our global economy in real time. There are many “big” markets all...
-
Identifying Foreign Currencies: Understanding Serial Numbers & ISO CodesLearn to identify world currency. Every U.S. dollar in the market has a 10- or 11-digit serial number that serves as a unique identifier for all existing United States paper currency. However...
-
Activity Cost Drivers: Definition & Importance for ProfitabilityAn activity cost driver refers to actions that cause variable costsVariable CostsVariable costs are expenses that vary in proportion to the volume of goods or services that a business produces. In oth...