IRAs

Many pre-retirees leave the workforce sooner than anticipated as a result of various factors, such as job loss and illness.

Investors who plan to retire early are advised to start saving as soon as possible and diversify their earnings with multiple sources of income.

This rise of the so-called grey divorce has created a number of uncommon and complex issues for retirement accounts.

It is important for entrepreneurs to have an exit strategy and to take control of their debt.

Ill-prepared investors are advised to vigorously plan their expenses and aggressively save in their 401(k)s and IRAs.

More clients are opting to work after they retire "to stay active and contribute professionally while also supplementing their income.”

While some tax-planning tasks can be time-sensitive, the challenge is to tackle the others that aren’t in a calculated fashion, an expert explains.

The Secure Act was designed to expand retirement savers’ options but it has subsequently all-but-eliminated the stretch IRA for beneficiaries. It's on advisors to make clients aware of the major change.

“By and large, many simply have not yet saved enough to retire comfortably.”

Knowledgeably navigating 401(k) and IRA movements can have a massive impact on tax burdens — and the client relationship.