Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
What women need to do to catch up in retirement Compared with men, women have a lot of catching up to do because they receive lower pay and have longer life expectancies, according to MarketWatch. As such, women should start building their nest egg as early as they can, even with a small amount, and increase their savings rate over the years. They should also be decisive when making investment decisions, such as converting some of their traditional IRA assets into a Roth account, which offers tax advantages after they retire. An online calculator can also help savers focus on investing goals and get them on track for retirement.
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