The Simply Retirement Articles and Blog Posts

Inherited IRA rules have become increasingly complex, particularly with the evolving regulations on distributions. To help you navigate these challenges, we’ve developed the “What Issues Should I Consider When Inheriting a Traditional or Roth IRA?” checklist. This comprehensive guide equips you with the essential planning insights needed when inheriting a Traditional or Roth IRA, helping to align distributions with your broader financial goals.

Our annually updated Social Security Quick Reference Guide contains lots of hand facts and figures in an easy-to-read format. Information includes cost of living adjustments, a breakdown of actuarial reduction, Medicare premiums, and more.

Keeping track of one’s beneficiaries isn’t always an easy task. Relationships change over the years, and individuals often forget to review their beneficiaries in light of new planning goals. Furthermore, many individuals aren’t aware that their current beneficiary setup may not be as equitable or efficient as they had intended.

There are lots of important numbers that you need to keep in mind when planning for retirement. In some cases, those numbers are annual limits that change each year. Other times, the figures do not often change, but are used frequently. Given the variety of sources that report relevant numbers, it can be difficult to quickly find the right reference when you need it.

It’s not surprising that a survey last year by T. Rowe Price found that healthcare costs are the biggest financial worry among retirees, especially for women who may be going through retirement on their own.

Many individuals and couples have enjoyed the lower tax brackets brought about by the Tax Cuts and Jobs Act (TCJA). However, the current tax brackets are expected to change at the end of 2025 when the TCJA sunsets. Are you prepared for this?