Retirement is an important milestone in life that requires careful planning and consideration. As people approach this phase, they often have numerous questions and concerns about various aspects of retirement. In this article, we will address five of the most frequently asked questions about retirement to help you gain a better understanding of this significant life stage.
People often pay more taxes in retirement than expected because a confusing system treats various income types differently and contains hidden taxes and penalties. Here are the Top 10 Tax myths most retirees believe.
Retirement should be a time of relaxation and living a worry-free lifestyle. But that is not the reality for many older Americans whose retirement years turn into financial nightmares.
It only makes sense to give money to a charity if you are passionate about their cause. As a kind of ‘thank-you’, Congress and the IRS have built in some potential tax benefits for your donations, but only with careful planning can we realize these benefits. Learn the best ways for retirees to achieve their charitable goals.
Did you know there is such a thing as having too much money during retirement? While it may not necessarily be a bad thing, it may mean you do need to worry about required minimum distributions (RMDs). Here's what you need to know about RMDs.
There are a number of considerations when deciding to rollover a 401(k) or not. Here are some of the key factors you should be aware of in determining what's best for you.