You’re constantly being reminded to save for retirement in tax-advantaged accounts like 401(k)s or IRAs. But did you know that you’ll be compelled to take money out of some types of accounts once you reach a certain age? Such distributions are called Required Minimum Distributions (RMDs). Start …
retirement
Yes, You Should Review Your Social Security Earnings Report Each Year
Most of us go through life without being concerned with, or ever checking on, our Social Security records. We assume that the money deducted each payday plus the amount paid into the program by our employer is applied properly to this valuable retirement benefit. The fact is, the Social Security …
Retirement Questions That Have Nothing to Do With Money
Retirement planning is not only about the money. Your degree of happiness in your “second act” may depend on some factors that don’t come with an obvious price tag. What will you do with your time? If you are someone who has been working 40 to 50 hours per week for the last 30 years, you haven’t …
