One of the positive features of the SECURE Act, passed in 2019, was that it eliminated the restriction that if you had reached age 70 1/2, you could no longer make IRA contributions.
Retirement may seem a long way off, but it's important to plan for the retirement you desire.
If you want to succeed in financial planning, you need to use the best-informed, up-to-date, and unbiased sources. Elliot Raphaelson shares his recommendations.
Confused about Social Security and IRA benefits under certain life circumstances? Find answers from The Savings Game.
Retirees are surprised to dind as much as 85% of their Social Security benefits could be taxable., depenings on their amount of provisional income, which includes half of their Social Security benefits plus other sources that contribute to adjusted gross income (AGI), such as wages, dividends, and capital gains.
Schwab and TD Ameritrade continue to make great progress on the integration of the two firms, with an anticipated transition date of September 5, 2023.
Slott says a traditional IRA is an IOU to the IRS, so he believes in looking for alternatives.
Congress revised rules on required minimum distributions (RMDs) that retirees must start taking in their 70s from tax-deferred retirement accounts.
A mortgage can seem like a big albatross around your neck that is never going to fly away. It is tempting to chase it away by paying it off so you don't have to deal with it when you retire.
Retirees who are looking to shrink their square footage should carefully consider the kind of life they want to lead. Moves are rarely for purely financial reasons, and unexpected expenses can crop up.