Learn how to maximize investing in a 529, a state-sponsored college education savings account for qualifying educational ...

One nice thing about Roth IRAs, as opposed to traditional IRAs, is that you're not forced to take required minimum ...

If you claim early, in 2025, the Social Security Administration (SSA) temporarily withholds $1 of benefits for every $2 ...

However, we need to keep in mind that longevity will also be filled with unexpected twists and turns. We will be forced to ...

There are different types of IRAs, the most common being a traditional one, in which contributions may be tax-deductible, and a Roth IRA, a personal savings plan where contributions are not ...

What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost our retirement ...

Saving early for retirement is the key. According to experts, if you’re 50, you should save at least 3.5 to 5.5 times your ...

If you make above a certain income, expect to pay more for Medicare, due to the IRMAA, unless you take steps to lower your ...

Raymond P. asks Money Talks News: “I did my first IRA Roth Conversion in December 2023. In terms of the 5-year rule, I know the IRS considers the conversion date to be 1/1/23 for my conversion, so I ...

The average payout could drop to $1,580 per month after 2034 -- a 19% drop from the current average retirement payout.

One of the most important things you can do for your retirement is save consistently for it. You should expect to need money on top of what Social Security pays you. And the larger a nest egg you brin ...