“Employee Pension Plan” document Most retired workers depend on multiple streams of income during their retirement. Two of the most common such income streams are Social Security and pensi...
Tag: Retirement
Saving for Retirement? Investment Giant Says Make These 3 Moves By Years End
An hourglass sits next to a stack of coins. T. Rowe Price recently published its year-end tips for retirement savers. T. Rowe Price says there are several moves that people saving for retirement shoul...
Want to Enjoy Retirement More? Shift Your Assets to Annuities
annuities retirement A recent Supreme Court decision could result in improved options in your retirement plan. The court sided with Northwestern University employees who alleged the university’s retir...
Suze Orman warns to avoid these retirement mistakes
‘You can’t make up for lost compounding’: Suze Orman warns to avoid these retirement mistakes Personal finance author and TV personality Suze Orman has been inspiring Americans for decades to ma...
We have 25 years until retirement and are saving 25% of our income — are we doing it right? And are we saving too much?
My wife, 33, and I, 40, have our own 403(b)s, Roth accounts (maxing their contributions this year for the first time) and pensions as part of our retirement plan. My wife contributes 14% of her pay t...
Paid Off College and the Mortgage? Here’s How to Allocate Your Freed Up Cash.
Retirement savers who’ve paid off their mortgage or have made their last college payment should take a moment to celebrate. Then they should get busy putting their newfound windfall to work. Given th...
10+ Frequently Asked Tax Questions – Top CPAs Answer
Are you looking for some good summer reading? TheStreet has you covered with tax tips from some of the leading CPAs and tax experts across the country. Contents Make sure you bookmark this page, we&...
Retirees Don’t Know Their No. 1 Retirement Risk: Advisors Can Help
Retirees Don’t Know Their No. 1 Retirement Risk: Advisors Can Help Retirees don’t accurately understand their risks in retirement, according to a recent analysis from the Center for Retire...
Vanguard to Pay Massachusetts Investors Millions Over Target-Date Fund Tax Hit
Vanguard will pay $6.25 million as part of settlement with Massachusetts’ state securities regulator over allegations that changes it made to certain target-date funds stuck investors with unexpectedl...
Retirement account balances hit a record high last year. Here’s how much the average 401(k) investor has saved at every age
Last year was a banner year for retirement savings: Individuals with retirement accounts broke new savings records, according to Vanguard. In fact, the average Vanguard account balance for defined con...
VanEc’s Crypto Lending Fund Grants $35m Investments from 2 Fairfax Retirement Funds
VanEck, a global investment manager that provides Exchange Traded Fund and Mutual Funds, announced that it has granted a $35 million direct investment from two Fairfax County retirement funds in Virgi...
Virginia Retirement Systems Invest in VanEck’s Crypto Lending Fund
Two retirement systems in Fairfax County, Virginia, distributed $35 million into VanEck’s cryptocurrency lending fund. The administrative region has experience in the digital asset industry since year...
Watch out — this one mistake could cost you thousands when you rollover your 401(k) to an IRA
Here’s a pro tip that can hardly be said often enough. When you change jobs and you think about rolling over your old company’s 401(k) to an IRA…watch out for all the extra fees. “Thousands of dollars...
Why You May Want to Avoid This Guaranteed Retirement Income Product
A retired couple talks with their financial advisor about an annuity. New research suggests retirees should rethink whether an annuity is actually worth it. Current investors aren’t just navigat...
Fancy An Early Retirement? Let’s Look At Gnox (GNOX), Ethereum (ETH), And DogeCoin (DOGE)
Advertisement     FIRE. Financial Independence Retire Early. This growing movement is attracting scores of young investors seeking to reduce the length of their workin...
DIY divorces ‘a concern to women in retirement’
A surge in “DIY” divorces is putting women at greater risk of being worse off in retirement, according to legal experts. In 2018, it became possible for couples who wish to split to prepare and submit...
Need to stretch your retirement savings? Here are the 5 cheapest states to retire in
Need to stretch your retirement savings? Here are the 5 cheapest states to retire in Interest rates and the cost of living are on the rise. The stock market has opened at a 50 year low, and your dolla...
How to Minimize Your Heirs’ Tax Burden on Inherited IRAs and 401(k)s
The stretch-IRA strategy largely went away after the Secure Act of 2019, leaving heirs less maneuverability on taxes. Financial pros have some solutions. Illustration by Barron’s: Dreamstime(5) ...
3 Great Retirement Funds Yielding Up To 11.2%
Mature couple using a laptop while relaxing at home getty I don’t know if you’ve noticed, but there’s been a flurry of doom-and-gloom articles making the rounds that all preach the same thing: anyone ...
Should You Roll Over Your 401(k) to an IRA? It Can Cost You Tens of Thousands.
Text size Retirement savers would do well to check the fees on fund holdings in 401(k) accounts held at former employers before rolling over to an IRA. Workplace savings plans tend to have more favora...
You’re More Likely to Have Guaranteed Retirement Income If You Do This
Smart Asset: A Financial Advisor Makes You This Much More Likely to Have Guaranteed Income A new study by the financial services company Allianz says that a higher percentage of Americans working with...
Supreme Court Justice Breyer Retiring Thursday—And Ketanji Brown Jackson Will Be Immediately Sworn In
Topline Supreme Court Justice Stephen Breyer will retire on Thursday and Judge Ketanji Brown Jackson will be immediately sworn in to replace him, ushering in the court’s first Black female justice—and...
Supreme Court Justice Stephen Breyer To Retire Thursday
Topline Supreme Court Justice Stephen Breyer will retire on Thursday, he informed the White House, bringing his decades-long tenure on the court to an end as the court wraps up a controversial term th...
Opinion: Early retirement in 3 steps: Follow the ‘Cashing Out’ couple’s road map to financial freedom
A couple of months ago, our five-year-old son was relieved to find out that he could have two best friends. For weeks he’d been stuck in an innocent adolescent triangle where both kids wanted him to b...
How much do you need to save for retirement?
Most people have dreams of a relaxing retirement. Maybe it’s one spent golfing with friends, traveling the world or just living comfortably without having to work or tend to other unwanted tasks...
Pay Fewer Taxes on Your Retirement Income With This Withdrawal Strategy
A woman looks over her retirement accounts on her laptop. A Fidelity analysis shows that a proportional withdrawal strategy can result in fewer taxes paid throughout retirement. Looking to pay fewer t...
3 big problems with Congress’ new retirement reforms
A new set of reforms to America’s retirement tax and savings plans passed a key hurdle in Congress last week. Variously known as the SECURE Act 2.0, the EARN Act and the RISE & SHINE Act, the meas...
Your retirement portfolio is fundamentally flawed: GMO
All across America, retirees and near-retirees are reeling. They were assured by simplistic “McMoney” financial advisers that bonds were “safe,” that bond returns were steady and predictable, and that...