Building your nest egg over the course of your career is no easy task, but what can be more complicated is figuring out the best strategy for “withdrawing” the money you saved during retirement.
A Qualified Domestic Relations Order is an order that needs to be included in a divorce settlement agreement to provide former spouses their share of Erisa-qualified retirement assets.
As the oldest baby boomers turn 70 this year be sure to add RMD’s to your retirement vocabulary.
Shortly after the New Year’s celebrations ended, the stock market tumbled more than 1,000 points, making 2016 the worst five-day start to a year on record, according to Dow Jones.
Understanding the rules for divorced spouse benefits could mean thousands of dollars in additional income each year.
As major U.S. stock exchanges are experiencing significant losses thus for in 2016, Fidelity Investments reports that 55% of Americans don’t have enough money saved to cover their basic needs in retirement.
When couples are several years apart in age and one spouse wants to retire earlier than the other, retirement can be a tricky transition.
Most presidential candidates lack a solid plan to fix Social Security and AARP wants some answers. Only 10% of Americans ages 25 to 69 are 'very confident' they will get as much as Social Security delivers today, and 18% believe they will get nothing..
What is one of the biggest fears gripping today’s retirees? Paying for health care in retirement. According to an annual survey conducted by Nationwide, 63 percent of affluent pre-retirees are 'terrified' over what health-care costs will do to their plans for retirement.
No matter where you are in life, it’s smart to stash cash for your future.
The holidays are here and usually the furthest thing from our minds is our 2015 tax return. But you can take steps you now, before the end of the year, to increase your tax refund next year or lower the taxes you may owe.
We are approaching the end of Medicare’s annual open enrollment period. This is important to remember because it is often the only time in the year when you can make changes to your Medicare health plan coverage.
With the 2016 election fast approaching, Baby boomers, 80 million strong, should have the attention of both political parties. The future of our healthcare system is the top concern of the boomer generation.
Rising health care costs in the U.S. are causing five million self-employed baby boomers to put off retirement, as they are worried about their savings.
It is estimated that fewer than half of all Americans have even a simple will or trust plan in place leaving many families vulnerable at the worst possible time.
Baby boomers nearing retirement should invest in bonds to safeguard their assets and reduce their risks in the stock market, but many fear with interest rates at a low level, bonds will decline in value. What should investors know about bonds?
Overall, seniors lose at least $2.9 billion annually to financial exploitation, and roughly 1 in 5 Americans aged 65 or older have been victimized by financial fraud.
When it comes to retirement savings, when you start to save may have a bigger impact on your bottom line than you think. A study conducted by Wells Fargo revealed some very surprising information about people right on the brink of packing it in.
The Department of Labor has a new proposal aimed at protecting your investments. While well intended there may be some pitfalls.
Medicare’s annual open enrollment period begins on October 15th and ends December 7th. With 10,000 baby boomers aging into Medicare daily now is the time to review your coverage and make changes if needed based on your ongoing health needs.