Columns

Have you gone to your tax pro with a fistful of receipts you’ve been collecting over the past year only to find out you cannot take the deductions because you don’t have enough to itemize? You may wonder exactly what that means.

If you find yourself in a job-related move, whether it’s because you are changing job locations or starting a new job, you may have expenses that you can deduct on your income tax return. But first, you must meet two criteria. 

When it comes to deciding on what age to file for Social Security benefits, a mistake can result in less income for the rest of your life.

As a concept, Social Security is fairly simple. In practice, it can get very complex very fast. 

Retirement is an exciting time, but experts warn there is a lot of research and calculations that must take place before leaving the workforce.

A ‘spousal benefit’ is one that is based upon the earnings record of your spouse as opposed to your own. If one member of a couple worked in higher-paying jobs or had more time in the paid workforce, a spousal benefit could be considerably higher

Long-term care insurance is often touted as a way for aging boomers to protect their assets and to not be a burden to their family if a time comes when they can no longer care for themselves. But is this industry headed for disaster?  

We’ve all dreamed of being our own boss, and more and more boomers are turning that dream into a reality. 

The economic turmoil has baby boomers re-evaluating and re-assessing post-work life goals, but setting financial goals is the first step to making your financial retirement dreams come true.

When it comes to setting down for your golden years, boomers should make sure their choice meets their social, cultural, and recreational requirements as well as future health-care costs.

A new study shows the average baby boomer will fall 44% short on their necessary retirement income. Here's how to reduce that number.

Dave Says: Lending money to family members can be a tricky situation, and even trickier when it involves your spouse's parents.

Dave Says: Is it ever a good idea to sell your home and buy a smaller, less expensive one in order to get out of debt more quickly?

Dave Says: In a meager job market, when does it make sense to relocate for a job, and how do you get the company to pick up some of the relocation costs?

Most of us only think of our IRA account when tax season rolls around. But others--who don't have the best of intentions--are looking at the account all year round.

Even the most seasoned pros have a hard time figuring out when and how to apply the Alternative Minimum Tax.

Dave Says: In each family there’s a nerd and a free spirit. The nerd is good at keeping track of things and putting everything in its place. The free spirit is just the opposite.

Dave Says: It’s perfectly all right for you to attach stipulations to any inheritance, and how old is too old to move back in with mom and dad? 

Dave Says: Holding onto a credit card to pay bills is asking for problems, and does retirement planning differ when you are a member of the military?

Financial circumstances surrounding boomer nuptials are often more complicated, and while couples may be anxious to start their new lives together—experts say there are steps they should take before walking down the aisle.