For retirement saving, the line between what people need to have for income versus what people want to have as income has blurred. Here is how to separate how much money absolutely needed for retirement versus how much money you would like to have – and why it's important.
Even after retiring, people can still set up a Roth IRA and leave it for their children. Financial adviser Johanna Fox Turner explains what people need to do when it comes to Roth IRAs.
There are five key Social Security strategies that everyone needs to know, writes Joseph Alfonso. For example, retirees may want to consider delaying taking benefits until age 70.
People with substantial income outside of Social Security may have to pay federal income taxes on their benefits. Lou Jeffries writes how to figure out how much you have to pay when you have Social Security.
The House Ways and Means Committee will vote on how to fix Highway Trust Fund on Thursday. In Flint, Michigan, the city wants to cut its retirees' health benefits to avoid bankruptcy.
Saving money in your 30s and 40s can be quite different than managing your money when you are in your 20s. For example, people should be seriously considering whether or not they will purchase a home and save for a down payment.
Regressive distribution of tax benefits for retirement saving calls for reform, writes Ben Harris. To do so, he staged a simulation of different types of tax reforms for retirement saving so it is equitable for all levels of income.
What is IRS form 5498? Financial adviser Brian explains the IRS form, and what to tax payers should do with the form.
There are four words that can be very helpful for retirement saving, writes Richard M. Rosso. For example, don't be afraid to say 'no' more often to people, especially when they ask you to lend money.