Two-thirds of Americans worry more now than they did last year about their retirement income, and 70% are concerned that Social Security will run out of funding.
Financial planning pioneers share their experiences and wisdom on the challenges of retirement.
Senate Majority Leader Chuck Schumer’s tax plan is key to the Democrats’ economic package.
Current inflationary trends point to the biggest benefit increase in 41 years, with June CPI showing a 9.1% jump over the last 12 months.
Advisers often ask whether there's a way to minimize payroll taxes for small-business owners while maximizing future Social Security benefits.
Vanguard lowered the account minimum for an institutional target-date fund, causing a migration from the retail TDF, leaving those who held onto it in taxable accounts with a big capital gains bill.
Congress continues to ignore the fact that Social Security's trust fund is expected to run out of money in 2035, which would result in a 20% cut in benefits.
A projected 20% benefit cut in 2035 could significantly reduce lifetime income for younger workers, according to a new paper from HealthView Services.
Other practices that help limit investors' taxes include asset location, rebalancing and maximizing retirement income.
The measure would raise the required minimum distribution age, increase catch-up contributions for people between 60 and 63, and enable workers to withdraw emergency funds from plans, among its many provisions.
Filing for benefits online can help individuals avoid faulty guidance from well-meaning Social Security Administration reps.
The bill would more than double the 0% tax bracket for long-term capital gains and dividends, but its political prospects in the Democratic-controlled Congress are cloudy.
A new study finds that tax incentives for saving for retirement primarily benefit high-income households.
A second-generation enrolled retirement plan agent explains how he helps companies smooth out plan problems with the IRS.
Although the SECURE Act eliminated stretch IRAs for most beneficiaries, replacing them with the 10-year post-death payout rule, some beneficiaries can still use a stretch IRA.
Fees, financial literacy and the freedom to work as an independent contractor are all under debate in state legislatures — and relevant to the growth of advisers' practices
The latest annual report from the Social Security and Medicare Trustees moves the program's insolvency date back by one year.
The tax implications of an IRA conversion are far from automatic and can be difficult to forecast this early in the year.
Age, work status and benefit amounts dictate which Social Security benefit to claim first.
The April report on consumer prices suggests inflation could result in an 8.6% cost-of-living adjustment to next year’s benefits.
