This is a good news, bad news story about your retirement accounts. The bad news is it's complicated, and recent changes to RMD rules...
Retirement Planning
How Much Do You Need to Retire with Confidence?
Do you have a "magic number" that will allow you to retire with confidence? Is $1 million enough? How about $2.5 million? Or do you...
Will Social Security Be There When You Need It?
This past August was the 88th anniversary of the Social Security Act, passed by Franklin D. Roosevelt as part of the New Deal...
Are You Confident About a Financially Secure Retirement?
There’s good news and bad news on the retirement front. The good news: Nearly two-thirds of workers and retirees are confident that...
Five Things You Need to Do as You Approach Retirement
For most of us, the thought of retirement is something that comes to mind as we get closer to milestone dates, such as your 65th...
Older Adults’ Guide to Income Streams and Money Management in Retirement
If you’re heading into retirement, the last thing you want to worry about is how you’ll continue to make money. Generating income...
When Do I Have to Take My First IRA Distribution?
This article originally appeared on njmoneyhelp.com. Photo: pixabay.com A reader of Ask NJ Money Help sent in the following question:...
What You Need to Know About SECURE Act 2.0
Once again, changes are coming to retirement accounts beginning in 2023. On December 27, the Congressional Appropriations Act of 2023...
How Rising Interest Rates are Impacting Pension Decisions
As you near retirement, there are many decisions to make. For those lucky enough to have a pension, you must decide whether to take...
Protection Planning, Retirement Planning
Who is IRMAA, and Why Does She Hate Me?
IRMAA. It is a name that strikes fear into the hearts of people approaching age 65. And no, we are not referring to the hurricane...
Why Now May be a Good Time for Roth IRA Conversions
The saying goes, “Every dark cloud has a silver lining.” The current dark cloud over the stock market is no different. As we...
With Workers in Short Supply, Many Seniors Are Unretiring
During the pandemic, millions of seniors left the workforce. They were scared off by the spread of COVID, needed to care for...