If you're planning to retire at the end of this decade, you only have about 60 months left to squirrel money away and plan ...

Lots of changes in store for Social Security recipients as more people rely on a system that's operating above capacity. Full ...

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

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

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 improvise as we deal with the unknown. I am often reminded of my friend ...

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 ...

Looking for ways to boost your income during retirement can be tricky. Luckily, one income type in particular won't count ...

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.