The last lingering sense of bipartisanship was on display last week in Congress. In a nearly unanimous vote, the House of Representatives passed a bill that could help Americans save more money before they […]
You might assume that once you’re retired, you can’t take out a loan — for a home renovation, a new car, or an emergency — because you no longer bring in a regular salary. […]
Inheriting a 401(k) can add a wrinkle to your financial plan from a tax perspective. Under 401(k) inheritance tax rules, any assets passed on from one person to another are taxable. The rules for […]
The demand for an affordable senior living option is high. According to the Joint Center for Housing Studies of Harvard University, the biggest expense of seniors is the costs associated with housing. This includes a mortgage […]
Can I retire at 55? It’s a question you might be asking yourself if you’re hoping to make an early exit from the workforce. While normal retirement age for most people usually means 65 or older, […]
In a recent MoneyGeek survey, 40% of Gen Z respondents, those born between 1997 and 2021, said their biggest financial goals for 2022 are paying down debt, using a budget to spend less and becoming […]
When saving for retirement, you’ll typically have two choices for how you’ll fund your IRA. With a traditional IRA, you’ll contribute pre-tax dollars that will grow inside the account tax-free and be taxed when the money is […]
How much you need to save for retirement depends on where you live and your individual situation. You’ll often hear the benchmark of $1 million as the standard retirement savings goal. This is a good […]
The traditional path to retirement was to put away a certain amount of personal savings, build a retirement fund — often with the help of an employer — and transition smoothly into the golden years […]
Are you a senior citizen or a retired person looking for travel discounts? If so, you’ve come to the right place. In this post, we’ll share some great tips on how to get deals on […]