New tariffs could increase prices and shake the markets. Here’s what retirees need to know about Roth conversions, big ...

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 ...

Contribution limit: $7,000 for 2025; catch-up of $1,000 for age 50 and over Deduction phase-out (if covered by a workplace plan): Single/head of household: MAGI between $79,000 and $89,000 Married ...

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

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

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Planning for what happens to your finances when you're gone can be a tough but necessary conversation. On this episode of Decoding Retirement, Robert "Bob" Powell speaks with Jeffrey Levine, chief ...

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

Avoiding unnecessary upgrades or excessive spending happens in major categories like housing or transport. This choice frees ...

Opportunity cost is another crucial factor to consider when deciding between paying down your mortgage and investing. While ...

Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...