retirement

Taxes in Retirement: How All 50 States Tax Retirees
Tax Breaks

Taxes in Retirement: How All 50 States Tax Retirees

We rated every state, plus Washington, D.C., on how retirees are taxed. We considered taxes on Social Security and other retirement income, tax exempt…
December 7, 2021
The Most-Overlooked Tax Breaks for Retirees
Tax Breaks

The Most-Overlooked Tax Breaks for Retirees

Unfortunately, seniors often miss tax-saving opportunities that are available to them. Don't let that happen to you!
December 3, 2021
How 10 Types of Retirement Income Get Taxed
retirement

How 10 Types of Retirement Income Get Taxed

When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don't forget about taxes.
December 3, 2021
12 States That Tax Social Security Benefits
social security

12 States That Tax Social Security Benefits

You may have dreamed of a tax-free retirement, but if you live in one of these states, your Social Security benefits may be subject to state taxes.
December 2, 2021
18 States With Scary Death Taxes
inheritance

18 States With Scary Death Taxes

Federal estate taxes are no longer a problem for all but the extremely wealthy, but several states have their own estate taxes and inheritance taxes t…
December 2, 2021

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9 Ways Retirees Can Whittle Down Their Car Insurance Costs
car Insurance

9 Ways Retirees Can Whittle Down Their Car Insurance Costs

As more Americans hit the road again, car insurance rates have unfortunately rebounded. Thankfully, there are steps you can take to trim your premiums…
December 1, 2021
What’s Your Retirement Number? Don’t Just Go by the 4% Rule
retirement planning

What’s Your Retirement Number? Don’t Just Go by the 4% Rule

To help make sure your retirement income covers your needs and lasts for a lifetime, you need a custom plan. The 4% rule of thumb is a handy starting…
December 1, 2021
When Paying for Long-Term Care, You’ve Only Got 4 Options
long term care

When Paying for Long-Term Care, You’ve Only Got 4 Options

They all have pros and cons, so which option is best for you? Don’t wait until you need care to think it through.
November 30, 2021
The 4% Rule Faces New Problems Today
retirement planning

The 4% Rule Faces New Problems Today

Considering today’s market and economic conditions, can retirees really rely on this old standby to guarantee they won’t run out of money? (Sorry to s…
November 29, 2021
Sandwich Generation: How Do You Decide Whose Needs Come First?
retirement planning

Sandwich Generation: How Do You Decide Whose Needs Come First?

Your parents need your help right now, and so do your adult kids. But what about saving for your own retirement? If you’re stressed and stretched, it’…
November 27, 2021
2022's Best Mutual Funds in 401(k) Retirement Plans
mutual funds

2022's Best Mutual Funds in 401(k) Retirement Plans

A key to smart retirement saving: spreading your portfolio across a few of the best mutual funds in your 401(k) plan. Here are the 30 top options avai…
November 23, 2021
Lower Taxes on Required Minimum Distributions
Tax Breaks

Lower Taxes on Required Minimum Distributions

When you turn 72, you’ll have to start taking minimum distributions from your traditional IRA and 401(k). These strategies will help trim what you owe…
November 23, 2021
It Still Pays to Wait to Claim Social Security
Financial Planning

It Still Pays to Wait to Claim Social Security

Despite dire headlines about the Social Security trust fund, you will be better off waiting to collect benefits.
November 23, 2021
A Simple RMD Mistake That Can Cost Retirees Thousands
required minimum distributions (RMDs)

A Simple RMD Mistake That Can Cost Retirees Thousands

Do you know exactly what your required minimum distribution should be? Did you take more than you had to last year? If you need extra cash, there coul…
November 23, 2021
Should You Take an Extra Big RMD This Year?
required minimum distributions (RMDs)

Should You Take an Extra Big RMD This Year?

Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the big…
November 23, 2021
Roth IRA Basics: 11 Things You Must Know
Financial Planning

Roth IRA Basics: 11 Things You Must Know

A Roth IRA can be a great way to save for retirement since the accounts have no required minimum distributions and you withdraw the money tax-free.
November 23, 2021
33 States with No Estate Taxes or Inheritance Taxes
retirement

33 States with No Estate Taxes or Inheritance Taxes

Even with the federal exemption from death taxes raised, retirees should pay more attention to estate taxes and inheritance taxes levied by states.
November 22, 2021
The Basics of Required Minimum Distributions: 12 Things You Must Know About RMDs
Financial Planning

The Basics of Required Minimum Distributions: 12 Things You Must Know About RMDs

Retirement savers who are 72 must start withdrawing funds from tax-advantaged retirement accounts. Here’s what you need to know about required minimum…
November 22, 2021
Traditional IRA Basics: 10 Things You Must Know
Basics

Traditional IRA Basics: 10 Things You Must Know

A traditional IRA can be a powerful retirement-savings tool but you need to understand contribution limits, RMDs, rules for beneficiaries under the SE…
November 22, 2021
5 of the Best Financial Gifts for Grandkids
gift ideas

5 of the Best Financial Gifts for Grandkids

If you've been giving your grandchildren cash for the holidays, now is a good time to rethink that. There are other financial gifts that will help tea…
November 22, 2021
How To Protect Your Retirement Portfolio Against Market Pullbacks
retirement planning

How To Protect Your Retirement Portfolio Against Market Pullbacks

Would you be ready if stocks start to slide? It’s bound to happen one day or another, and here’s what you can do to prepare for it.
November 20, 2021
10 Most Tax-Friendly States for Retirees
retirement

10 Most Tax-Friendly States for Retirees

If you want your retirement savings to last longer, consider moving to one of these states that impose the lowest taxes on retirees.
November 19, 2021
Important Planning Considerations: Insurance & Long-Term Care
long term care insurance

Important Planning Considerations: Insurance & Long-Term Care

Your retirement plan isn’t complete until you’ve looked into getting the insurance you need, including life insurance, disability insurance and a plan…
November 19, 2021
Why Retirees Who Don't Consider ESG Investing Are Making a Big Mistake
retirement planning

Why Retirees Who Don't Consider ESG Investing Are Making a Big Mistake

More investors are taking into account environmental, social and governance principles when making decisions. That's because of the potential for lowe…
November 18, 2021
No Need to Panic: Social Security Is NOT Running Out
social security

No Need to Panic: Social Security Is NOT Running Out

Yes, Social Security is undergoing some changes, including a possible reduction in benefits in the not-too-distant future – but the checks won’t stop …
November 18, 2021