Retirement
Latest Retirement News
Can a Child Collect the Pension of a Deceased Parent?
When a parent passes away, one of the biggest financial questions families face is whether their children can receive any…
How to Repay a 401(k) Loan After Leaving a Job
Unlike traditional loans, a 401(k) loan is tied to your employer-sponsored retirement plan. That means your repayment options and timeline…
What Happens If You Default on a 401(k) Loan?
If you default on a 401(k) loan, the balance is usually treated as a taxable distribution. This may result in…
How to Avoid Taxes on a 457(b) Withdrawal: Strategies and Examples
Planning how and when to withdraw money from your retirement accounts can have a big impact on how much of…
Will Converting $500k to a Roth IRA Affect My Medicare Premiums?
Medicare premiums are based on taxable income and a sudden increase can raise your costs. So if you are considering…
Can You Max Out a 401(k) and an IRA? Strategies for Both
Combining a 401(k) from work with an IRA can help you grow savings faster and give you more options for…
CD vs. Roth IRA: Which Should You Invest in for Retirement?
Certificates of deposit (CDs) and Roth IRAs play different roles in retirement planning. CDs provide fixed interest and are federally…
Annuity vs. Roth IRA: Pros and Cons for Retirement Income
When planning for retirement, one of the biggest decisions you’ll face is how to generate consistent, tax-efficient income. Two common…
When and How to Consolidate 401(k) Accounts
Managing multiple 401(k) accounts from past employers involves tracking different fees, investment options, and statements. Consolidating these accounts can simplify…
I’m 67 With $680k in My 401(k). Should I Convert to a Roth IRA to Avoid RMDs?
If you need retirement funds for living expenses now, paying taxes on a Roth conversion may cost more than it…
