Regardless of whether they were married earlier in life, many women will be single at some point during their retirement years. Over half (54 percent) of women age 65 and older were single in 2014, according to U.S. Census Bureau data....
Roth IRA or 401(k)? – Do Both
Have some additional funds you’d like to save for retirement even after maxing out on your company’s 401(k) plan contribution limit? If your modified adjusted gross income does not exceed certain limits, a Roth IRA is a great place to stash the cash.
Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA in the same year....
5 Medicare Tips for New Retirees
For seniors who have just retired, moving to Medicare from an employer health insurance plan poses a challenge. Most people have experience with employer plans, which provide limited insurance choices, and companies pay a large (if shrinking) share of total health insurance costs. In contrast, Medicare has many choices to weigh, the premiums can be steep, and there may be no one to help you decide the best Medicare coverage to get....
Pensions Are In The Worst Shape In 15 Years; Thanks, Fed
Pensioners take heed, from an article posted at Financial Advisor Magazine….
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It’s going to be hard to reverse the damaging effects of ultralow bond yields on the global economy.
A glaring example of the longer-lasting ramifications can be found by looking at big American corporate pensions, which were formed to provide retirees with a reliable income....