retirement
Income Planning to Help You Win the Retirement Trifecta
Income Planning to Help You Win the Retirement Trifecta
With a retirement income plan that focuses on the allocation of income, and delivers lower fees and taxes, you can increase your income with less risk…
January 26, 2021
PODCAST: Taxes on Retirees -- What’s New
PODCAST: Taxes on Retirees -- What’s New
In this episode of Your Money's Worth, senior tax editor Rocky Mengle talks about the latest update of the Kiplinger Retiree Tax Map. Will states with…
January 26, 2021
12 States That Won't Tax Your Retirement Income
12 States That Won't Tax Your Retirement Income
Retirees can save a lot of money in these states that completely exempt the most common types of retirement income – 401(k)s, IRAs and pensions – from…
January 25, 2021
13 States That Tax Social Security Benefits
13 States That Tax Social Security Benefits
You may have dreamed of a tax-free retirement, but if you live in these 13 states, your Social Security benefits are subject to a state tax. That's on…
January 24, 2021
33 States with No Estate Taxes or Inheritance Taxes
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.
January 24, 2021
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10 Least Tax-Friendly States for Retirees
10 Least Tax-Friendly States for Retirees
When it comes to state and local taxes, retirees in these states are likely to pay more than retirees in other states.
January 24, 2021
10 Most Tax-Friendly States for Retirees
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.
January 24, 2021
What Could 2021 Hold for Your Finances?
What Could 2021 Hold for Your Finances?
After a wild 2020, many of us are ready for a fresh start in the new year.
January 22, 2021
Don’t Have a Pension? The SECURE Act Could Help
Don’t Have a Pension? The SECURE Act Could Help
If you’re worried about retirement, the SECURE Act has a lot to offer. It has several provisions to allow people to save more, for more years — and it…
January 22, 2021
4 Reasons Retirees Should Care About the New Coronavirus Stimulus Package
4 Reasons Retirees Should Care About the New Coronavirus Stimulus Package
Yes, the possibility that you’ll get a stimulus check is definitely something to care about, but there are other aspects of this act involving taxes a…
January 21, 2021
Unhappy with Low CD Rates? A Structured Note May Be the Answer
Unhappy with Low CD Rates? A Structured Note May Be the Answer
What are structured notes? How do they limit risk while allowing for gains? Considering their pros and cons, could a structured note be right for you?…
January 20, 2021
10 New Year’s Financial To Do’s (You’ll Feel Great When You Check Them Off)
10 New Year’s Financial To Do’s (You’ll Feel Great When You Check Them Off)
Once you run through this checklist, you’ll be in great shape for a prosperous and organized new year.
January 18, 2021
When Roth Conversions Are the Right Move – and When They Aren’t
When Roth Conversions Are the Right Move – and When They Aren’t
Converting a traditional IRA to a Roth IRA can be a smart tax- and estate-planning strategy for some people, but it can be a mistake for others.
January 15, 2021
12 IRS Audit Red Flags for Retirees
12 IRS Audit Red Flags for Retirees
Seniors Beware: Your actions can increase the chances of the IRS giving your tax return a closer look.
January 14, 2021
One Trick That’ll Help You Live a Wealthier and Happier Life: Framing
One Trick That’ll Help You Live a Wealthier and Happier Life: Framing
From elections to stock markets, there’s a lot you don’t have control over, but your frame of mind is not one of them. And it’s more important than yo…
January 14, 2021
Fund Your IRA, Cut Your Taxes
Fund Your IRA, Cut Your Taxes
There’s still time to make a 2020 IRA contribution and lower your tax bill.
January 13, 2021
You Are NOT Ready to Retire Until You Can Answer These 7 Questions
You Are NOT Ready to Retire Until You Can Answer These 7 Questions
The obvious ones include how you will claim Social Security and whether you have enough money to retire, but there are other issues to think about as …
January 13, 2021
Do Stimulus Checks Increase the Tax on Social Security Benefits?
Do Stimulus Checks Increase the Tax on Social Security Benefits?
The answer to this question comes down to whether a stimulus check increases "provisional income."
January 12, 2021
Planning for a Non-Traditional Family (Which Is Probably Yours)
Planning for a Non-Traditional Family (Which Is Probably Yours)
Families come in all shapes and sizes. Here’s how to make sure yours is financially protected regardless of who’s part of it.
January 12, 2021
Making the Most of Your 401(k) by Using Your Own Adviser
Making the Most of Your 401(k) by Using Your Own Adviser
Don’t want to rely on your employer’s investment choices? A self-directed 401(k) account could help you maximize your retirement savings, and working …
January 12, 2021
Is a Fix Coming Soon for Social Security?
Is a Fix Coming Soon for Social Security?
Social Security has funding problems the COVID-19 pandemic has made worse. What are the prospects for the next Congress and administration doing somet…
January 12, 2021
Retirees' Guide to Do’s and Don’ts of Business Partnerships
Retirees' Guide to Do’s and Don’ts of Business Partnerships
Know some of the business partnership pros and cons before diving in. A business partnership agreement is a good place to start.
January 11, 2021
How to Spot (and Squash) Nasty Fees That Hide in Your Investments
How to Spot (and Squash) Nasty Fees That Hide in Your Investments
Your annual investment statement might look hot this year, but it’s probably missing one very important figure: the fees you paid.
January 8, 2021
A Retiree’s Guide to Key Dates in 2021
A Retiree’s Guide to Key Dates in 2021
It's critical -- and financially sound -- to hit these important financial deadlines spaced throughout the year.
January 8, 2021
POLL: How the Pandemic Has Shaken Up Retirement Planning
POLL: How the Pandemic Has Shaken Up Retirement Planning
Many Americans say they plan to delay retirement so they can work longer and boost savings.
January 7, 2021