As a retiree, the last thing you want to worry about is paying out a big chunk of your fixed income to the IRS. Unfortunately, many different sources of retirement income could be taxable, including distributions from your retirement account as well as some of your Social Security benefits.

Millions of seniors rely on Medicare for health coverage, but misunderstanding how the program works could make for a financially rocky retirement. Here are a few aspects of the program that tend to catch retirees off guard.

This growing reliance on Social Security demonstrates how important it is for future generations of retired workers to maximize what they'll receive from the program. While some benefit-boosting catalysts, such as the annual cost-of-living adjustment (COLA) or congressional action, are beyond our control, there are five smart and effective ways workers can increase their Social Security benefits.

If you're wondering how your contributions stack up to your peers, recent data from Fidelity provides some insight into this question.

President Trump and his Democratic opponent Joe Biden are running for election on radically different platforms, with diverging views on most some of the most pressing issues, including ones that have the potential to impact the finances of everyday Americans.

For tens of millions of Americans, there isn't a program that bears more importance to their financial well-being than Social Security.

President Trump visited The Villages, a retirement community of more than 100,000 in Florida, for a rally Friday as his 2020 campaign makes a final push in the all-important swing state.

The Trump administration announced Thursday that the Obama-era decision to terminate Delphi pension plans is being brought back into review.

Here are four possible sources of unexpected income that you could receive in your later years. 

If you're aiming to save at least $2 million by age 62, you'll need to start preparing early and saving consistently. Here's how much you'd need to save each month to reach that target, depending on the age you began saving.

Here's a closer look at the seven biggest changes to Social Security in 2021.

Whether you expect Social Security to play a significant role in your retirement or not, it's a good idea to ensure you're maximizing your monthly checks. And if you're currently either married or divorced, you could collect more than you think.

Not only is it important to financially plan for retirement, it is also critical to plan in retirement. Here are four tips to help you better plan while in retirement.

The goal is to provide housing for people who work in The Villages and reduce the number of “vehicular trips” into the community.

While retiring in 2021 may seem like a good idea, here are three reasons to reconsider.

The average yearly benefit will increase by just several hundred dollars.

Far too many retirees make major mistakes that could leave them at risk of running short of cash. Here are four big errors that could leave you broke. 

Here's how to boost your 401(k) savings by hundreds of thousands of dollars with zero effort on your part.

Social Security benefits often play a key role in the financial well-being of our nation's retired workforce. This means there's arguably no decision more important for seniors than deciding when to begin taking their payout.

If you're going to be relying on your benefits in retirement, it's wise to make sure you're collecting as much as possible. And there's one way you can boost your benefit amount by nearly $500 per month.