How Much Can You Contribute to a SEP IRA for 2020?
IRAs

How Much Can You Contribute to a SEP IRA for 2020?

The maximum SEP IRA contribution is higher for 2020 than it was for 2019.
February 24, 2020
How Much Can You Contribute to a SIMPLE IRA for 2020?
simple IRA

How Much Can You Contribute to a SIMPLE IRA for 2020?

The maximum amount workers at small businesses can contribute to a SIMPLE IRA for 2020 is $500 higher than it was for 2019.
February 24, 2020
How Much Can You Contribute to a Traditional IRA for 2020?
IRAs

How Much Can You Contribute to a Traditional IRA for 2020?

The contribution limit for traditional IRAs holds steady for 2020.
February 24, 2020
How to Leave a Legacy After the SECURE Act
retirement

How to Leave a Legacy After the SECURE Act

With the death of "stretch IRAs" comes a new era of estate planning. Many people's plans need some serious tweaks.
February 24, 2020
5 Ways the SECURE Act Could Harm Retirees
Making Your Money Last

5 Ways the SECURE Act Could Harm Retirees

To avoid RMD penalties, tax bills that are (possibly MUCH) higher than necessary and other problems, make sure you understand this groundbreaking new …
February 24, 2020
Retirement and Estate Planning Opportunities after the SECURE Act
retirement

Retirement and Estate Planning Opportunities after the SECURE Act

Have a big IRA or a trust? Your strategies for limiting the tax burdens on your beneficiaries may have just changed ... a LOT.
February 19, 2020
Raiding Your 401(K) Can Be a Divorce Disaster
retirement

Raiding Your 401(K) Can Be a Divorce Disaster

It's more common than you might think: Tapping retirement accounts to make ends meet during divorce. And it's also potentially much more costly than y…
February 10, 2020
5 RMD Strategies to Help Safeguard Your Retirement, Maximize Your Legacy
retirement

5 RMD Strategies to Help Safeguard Your Retirement, Maximize Your Legacy

When managed correctly, required minimum distributions can play an important role in your financial future and those of the ones you love.
February 5, 2020
20 Best Retirement Stocks to Buy in 2020
stocks

20 Best Retirement Stocks to Buy in 2020

In retirement, investors must figure out how to generate enough income without a job while also ensuring that they don't outlive their income stream.
January 31, 2020
2 IRA Changes to Consider Right Now, Thanks to the SECURE Act
IRAs

2 IRA Changes to Consider Right Now, Thanks to the SECURE Act

Quick: Who did you list as your IRA beneficiary? If you answered your children or grandchildren, not your spouse, you might want to change that ASAP.
January 30, 2020
4 Ways Women Can Win with the SECURE Act
retirement

4 Ways Women Can Win with the SECURE Act

The legislation wasn’t designed only for women, but there are four distinct ways they can take advantage with these retirement planning opportunities.
January 28, 2020
Credit vs. Debit Smackdown!
Budgeting

Credit vs. Debit Smackdown!

Kiplinger.com general manager Robert Long joins the podcast to debate the merits of credit and debit cards. Plus, hosts Sandy Block and Ryan Ermey bre…
January 27, 2020
Don't Panic If You're Turning 70½ This Year and Get an RMD Statement in the Mail
retirement

Don't Panic If You're Turning 70½ This Year and Get an RMD Statement in the Mail

Thanks to the SECURE Act, RMDs aren't required until you turn age 72.
January 24, 2020
The 30 Best Mutual Funds in 401(k) Retirement Plans
investing

The 30 Best Mutual Funds in 401(k) Retirement Plans

How good are the mutual funds in your 401(k) plan?
January 22, 2020
5 Ways Your 401(k) Is a Tax Trap (and What to Do about It)
401(k)s

5 Ways Your 401(k) Is a Tax Trap (and What to Do about It)

That massive 401(k) nest egg that you're so proud of comes with some serious baggage. Here are five major cons of these accounts and a couple of alter…
January 21, 2020
Maryland Governor Proposes Major Tax Cut for Retirees
Tax Breaks

Maryland Governor Proposes Major Tax Cut for Retirees

Gov. Hogan hopes $1 billion in additional tax relief will make it more affordable for retirees to stay in Maryland.
January 17, 2020
The Costly Danger of Putting Extra Money in Your IRA
IRAs

The Costly Danger of Putting Extra Money in Your IRA

Uncle Sam will sock you with an annual penalty until you fix your mistake.
January 15, 2020
Leverage These 5 Retirement Tax Diversification Strategies
retirement

Leverage These 5 Retirement Tax Diversification Strategies

Taxes can be overwhelming in retirement, eating up income that you need to live on. Learn how to minimize taxes through tax diversification.
January 13, 2020
How Much Can You Contribute to a Roth IRA for 2019?
IRAs

How Much Can You Contribute to a Roth IRA for 2019?

The Roth IRA contribution limit is $6,000 for 2019, up from $5,500 in 2018. Retirement savers 50 and older can contribute an extra $1,000. Income limi…
January 10, 2020
How Much Can You Contribute to a Roth 401(k) for 2019?
401(k)s

How Much Can You Contribute to a Roth 401(k) for 2019?

The Roth 401(k) contribution limit increased by $500 to $19,000 for 2019. Workers 50 and older can save an extra $6,000 for retirement.
January 10, 2020
How Much Can You Contribute to a Solo 401(k) for 2019?
401(k)s

How Much Can You Contribute to a Solo 401(k) for 2019?

Some self-employed savers can put away as much as $62,000 for retirement in a solo 401(k) in 2019, depending on age and compensation.
January 10, 2020
How Much Can You Contribute to a SIMPLE IRA for 2019?
simple IRA

How Much Can You Contribute to a SIMPLE IRA for 2019?

The maximum amount workers at small businesses can contribute to a SIMPLE IRA for 2019 is $500 higher than it was for 2018.
January 10, 2020
How Much Can You Contribute to a SEP IRA for 2019?
IRAs

How Much Can You Contribute to a SEP IRA for 2019?

The maximum SEP IRA contribution is $1,000 higher than the 2018 limit and is significantly more than can be saved for retirement in a regular IRA.
January 10, 2020
Three 'Don'ts' for Charitable Giving in 2020
IRAs

Three 'Don'ts' for Charitable Giving in 2020

As you think ahead to how you can help make a difference in the new year, here are three things not to do.
January 2, 2020
Pros, Cons and Possible Disasters after SECURE Act
IRAs

Pros, Cons and Possible Disasters after SECURE Act

Sweeping retirement changes were just signed into law that bring both positives (for savers) and potentially disastrous consequences (for heirs). Here…
December 31, 2019
4 Estate Strategies for Affluent Retirees Under the SECURE Act
IRAs

4 Estate Strategies for Affluent Retirees Under the SECURE Act

Successful estate planning takes taxes into consideration, and some significant retirement legislation that just became law changes the equation on th…
December 30, 2019