Latest articles by Roger A. Young, CFP®
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4 Reasons 401(k) Plans Still Make Sense
401(k)s These tax-advantaged accounts remain the backbone of a retirement saving strategy, despite what naysayers might argue.
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Stay on Top of RMD Rule Changes for 2020
required minimum distributions (RMDs) Between the SECURE Act and the CARES Act, the landscape has changed for RMDs this year. You don’t need to take one, for instance. And if you already have, you can probably undo it.
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SECURE Act: What to Do Now to Help Limit Heirs' Taxes Later
retirement The new retirement law significantly impacts beneficiaries of retirement accounts and trusts. To limit the tax ramifications, consider your options.
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Should I Accept a Lump-Sum Pension Offer from My Old Employer?
Making Your Money Last Companies continue to offer lump-sum pension payouts to former employees. Deciding whether to accept this offer depends on your goals, risk tolerance and financial resources.
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3 Reasons to Consider Making Changes During Medicare Open Enrollment
insurance Between Oct. 15 and Dec. 7, Medicare participants can make changes to their plan(s). Here are a few reasons you may want to take advantage of this open enrollment period.
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How You — and Your Kids — Can Make Smart Student Loan Decisions
Paying for College The commitments you make now have consequences that could last for decades. Being well-informed about student debt and repayment can make a world of difference.
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Which Bucket Should Retirees Tap First, for Their Heirs' Sake?
retirement Does it make more sense to pull money out of your Roth IRA or your brokerage account for your income? Consider the full picture when deciding whether to hold onto your taxable investments for the potential future step-up in basis.
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How Worried Should I Be About the 'Tax Torpedo'?
social security Navigating taxes in retirement can be tricky. Here's what to look out for, especially when it comes to the tax hit you could take on your Social Security benefits.
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Age Targets: How Much Should You Have Saved for Retirement By Now?
retirement Retirement savings benchmarks can be helpful tools to prompt action ... IF they're realistic. See if your savings are at least in the right ballpark.
