Retirement
Latest Retirement News
What Retirement Accounts Can Be Held Jointly?
While bank accounts and many other financial accounts can be jointly owned, retirement accounts like IRAs and 401(k)s are inherently…
How Much Does a Roth Conversion Cost in Florida?
When you make a Roth conversion, the costs will depend on where you live.Converting money to a Roth IRA has…
IRS Grants Retirement Account Holders Ability to Withdraw $1,000 for Urgent Needs
It is easier to take up to $1,000 out of retirement plan savings to help with an emergency under a…
11 Financial Planning Tips for Seniors
As you age, your financial priorities can shift to focus more on preserving wealth, ensuring a steady income stream and…
How to Make Your Own Retirement Income Distribution Plan
Creating a retirement income distribution plan involves managing your savings and investments to generate a steady stream of income throughout…
How Do Retirees Make Money?
Retirement is a time when individuals finally have the opportunity to devote their lives to leisure. However, it also means…
Will the 2025 Social Security COLA Affect Future Retirees?
The 2025 Social Security cost-of-living adjustment (COLA) could influence future retirees by preserving the purchasing power of their benefits. COLA…
I’m 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now?
For many people, early retirement means 62. This is the age they can start withdrawing money from their retirement accounts…
What Is an Active Participant in a Retirement Plan?
Active participation in a retirement plan refers to an individual being involved in an employer-sponsored retirement program, like a 401(k)…
I’m 52 With $1.6 Million in a Taxable Brokerage Account and $1.1 Million in an IRA. Can I Retire Now?
It can be financially feasible to retire when projected retirement income equals or exceeds projected retirement expenses. In many cases,…
