Retirement
Latest Retirement News
Is It Wise to Convert 10% of My IRA into a Roth Each Year to Avoid Taxes and RMDs?
Roth IRAs are not subject to rules on required minimum distributions (RMDs), and qualifying withdrawals from Roth accounts in retirement…
3 Benefits of an IRA Over a 401(k)
Saving for retirement is an important part of financial planning, and choosing the right investment vehicle can make a significant…
What Happens to My Pension if My Company Goes Bankrupt?
The thought of your company going bankrupt is unsettling, especially if you were expected to receive a lifetime guaranteed income…
When I Claim My $3,500 Social Security, Will My Wife Automatically Get a Spousal Benefit?
Understanding the nuances of spousal benefits is crucial to maximizing your household’s Social Security payments. For example, if you’re set…
I Want to Convert $865k to a Roth IRA. How Do I Avoid Paying Taxes?
Converting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits – including…
What Is a Trigger Rate in an Annuity?
Annuities can be a valuable tool for ensuring a steady income stream and managing financial risk, particularly during retirement. One…
Ultimate Guide to Social Security in Massachusetts (MA)
Massachusetts participates in the Social Security system a little differently than most states. Massachusetts residents who belong to public-sector retirement…
Ultimate Guide to Social Security in New York (NY)
If you live in New York, you can apply for Social Security benefits online, by telephone or in person. The…
What to Do If You Want to Retire in 5 Years
If you’re planning to retire in five years, now is the time to ensure your financial house is in order.…
What Is a Nonqualified Retirement Plan?
Unlike 401(k)s and similar workplace retirement plans, nonqualified retirement plans are not bound by the stringent guidelines of the Employee…
