Consumer News

In these uncertain times, you might be wondering what the COVID-19 crisis means for your financial future. Three retirement relief measures made it into the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act ...

Over half of Americans have no retirement savings at all and of those that do, the majority fall short of savings targets by age and income. Knowing how you compare to the average American household ...

The reason withdrawals from a traditional Individual Retirement Account prior to age 59 1/2 are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for ...

There is good news and bad news for retirement savers whose stretch-IRA strategies were upended by the Secure Act: There are workarounds, but none necessarily offer a perfect replacement for the popular estate-planning tool. Passage ...

Several less-than-obvious strategies and tactics can help you get your finances in better shape for retirement. Some, like converting a traditional Individual Retirement Account into a Roth IRA, could be highly beneficial in the right ...

Self-employed workers and small-business owners who want an easy and inexpensive retirement plan should consider a Simplified Employee Pension IRA, or SEP IRA for short. Savers are also allowed to stash away more for retirement ...

The Secure Act increased the required minimum distribution (RMD) age from 70 1/2 to 72, marking the first change to the RMD age since first becoming law in 1986. The age increase will only apply to anyone born ...

Planning an estate is a subject that no one is in a big hurry to discuss. It seems like one of those things that ought to work itself out and not be our concern. The ...

Everyone wants to know that the money they have worked so hard for will be adequate, safe, and ready to access at retirement. By addressing the top retirement concerns, anyone can take the right steps ...

There are many different ways to invest through an IRA. While most people invest through stocks, bonds, and mutual funds, self-directed IRAs open up a world of possibilities. If you’re looking to try something different ...