IRAs

The change would affect seniors who converted traditional accounts to Roth and paid taxes for the benefit of their heirs.

Setting up a tax-advantaged retirement account, automating contributions and reducing their overall expenses are a few strategies to get back on track.

"A long life is wonderful, but it is also costly and a bigger drain on resources," an expert says.

Those in the workforce will not owe taxes on rollovers to traditional retirement accounts, but will face consequences using the strategy with a Roth.

The gender gap is alive and well when it comes to career timeouts and savings often take the hit.

Of all the end-of-year financial faults affecting workers, this one could cause them to end up working longer than they had intended.

Required minimum distributions are just one example of unforeseen expenses for retirees, an expert writes.

Early and consistent saving may not be enough to safely leave the labor force for good.

Medical expenses for retired clients may be more predictable than expected, experts say.

Despite recent tax law changes, recharacterizations are still possible and can prove a valuable strategy to correct such missteps.