IRAs

The legislation includes a provision that would raise the age limit for making contributions and taking required minimum distributions.

Living a luxurious lifestyle for less is a possibility — provided retirees are willing to move overseas.

With income taxes attached to hardship withdrawals, they are often advised to carefully weigh other options.

The approved legislation relaxes rules for retirement savers.

They are not required to pay taxes on income accrued from properties leased for no more than 14 days.

With accounts now often reaching seven figures, estate planning expert Natalie Choate delved into the complexity of the increasingly important tool.

In one case, a 6-year-old owed $7,000 in federal taxes two years after his father, a U.S. Navy senior chief petty officer, died of a heart attack.

With longer life expectancies leading to increased health care spending later in life, experts are second-guessing the 10% savings rule.

“People didn’t want to use up their estate tax exemption,” but that has changed as a result of the new law, an expert says.

A market correction only becomes a real risk if investors act and make buy or sell decisions to alleviate mental anguish today at the expense of tomorrow, says an expert.