The Tax Cuts and Jobs Act lowered tax rates for most taxpayers and nearly doubled the standard deduction. Most provisions of ...
Caring for aging parents isn't cheap. However, many millennials are currently -- or will soon be -- trying to fit the cost of their elderly parents' long-term care into their budget. As of 2023, ...
In reality, though, the best move for a lot of people is to take the tax hit and convert a lot of money quickly, says Laurence Kotlikoff, an economics professor at Boston University. “Go big or go ...
There’s a widespread rule of thumb that retirees need about 70% to 80% of their pre-retirement income. However, this ...
There are five main choices for the self-employed or small-business owners: an IRA (traditional or Roth), a Solo 401(k), a SEP IRA, a SIMPLE IRA or a defined benefit plan. Many, or all, of the ...
Until your needs for the next chapter of transition or retirement are put on paper, there is likely fear about the unknown.
Retiring can be an intimidating step, no matter what age you are. Stretching a limited income to cover all your expenses is tough. But Eleanor Clark has figured out how to live comfortably on ...
Goodbye, target-date funds. So long, bonds. An all equities portfolio is the far better way to build the largest nest egg possible for retirement; to generate a larger paycheck in retirement ...
In five short steps, we'll give you ideas on building and managing your retirement money. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
In 2025, retirement savers have a new opportunity to set aside money through their 401(k) plans and IRAs. Here’s what experts ...
Social Security is a safety net most Americans believe they'll be able to access when they retire. However, the important ...
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for ...