IRAs

Although annuities incur taxes and costs, clients "can invest the same amount into a diversified municipal bond portfolio and pay no taxes,” an expert says.

Elderly clients should make sure they have enough fixed-income in their retirement portfolios to spin off cash to cover the gap between income and expenses until the market recovers.

A Roth IRA is an excellent savings vehicle for older people as it is for younger clients.

Life changes, like a child entering college or changes made to retirement goals, can leave serious gaps in financial plans.

It pays to review the differences between traditional and Roth IRAs.

The Roth IRA has very low contribution limits, while those in high-income groups may not qualify to contribute to the account.

The retirement problem comes down to the fact that many people don't have access to a 401(k) plan. Here's one solution.

Clients aged 35 have to set aside 11.69% of their pay to keep up with those in their 20s socking away only 6% of their salary, based on calculations by Financial Engines.

Combating these misconceptions may help taxpayers maximize benefits.

These funds can be expensive and may not be accurate in determining investors' risk tolerance, among other potentail downfalls.

Sometimes the strategy can eliminate a domino effect of other expensive tax problems down the road, Ed Slott writes.

A report says that boomers and Gen X-ers should expect disruptions in the labor force in the next 12 years.

Seniors should consider designating joint agents, reviewing the security features on their financial accounts, and having their names removed from credit card solicitations.

Retirement investors who want to buy bitcoins in a self-directed IRA should ensure they are in control of their own private key.

One strategy for clients to continue their philanthropic work and reduce their bill is to bunch multiple years of donations into one with a donor-advised fund.

The normal mantra these days for Social Security strategy is to delay as long as possible. But some clients would be better off filing early, including those who have high debt or those who do not expect to live on their retirement benefits.

Clients can bring their effective tax rate below 3% in retirement by using a combination of three strategies.

Many taxpayers can expect a lower tax bill under the new law and should consider adjusting their withholding to put the money to good use.

A survey found that 27% of parents who cosigned for their children's college education end up paying off the debt with their retirement savings.

The contributor was recently called to be an expert witness and realized that defending a retirement plan in court can provide a good opportunity to better understand a portfolio.