Retirement planning

Retirees who turned 70 1/2 in 2016 have until April 1 to take required minimum distributions from their tax-deferred retirement accounts.

Many seniors are unaware that Medicare premium payments are deductible, while their spouses who are still working can contribute to a spousal IRA and reduce their taxable income.

Getting married could boost couples' retirement prospects as it opens more retirement savings options, such as a spousal IRA.

Investors can expect a tax bill from their traditional IRA or Roth IRA if they hold non-traditional assets, such as limited partnerships, operating businesses and real estate, in these accounts.

Investors have already made bets on how President Trump's deregulation efforts will fare.

Firms can address cost and transparency with an open architecture, multimanager platform, says John Hancock Investments President Todd Cassler.

How advisers can help overcome their irrational expectations.

The SEP IRA, Solo 401(k) and SIMPLE IRA are just a few options that may help them prepare.

The two firms will offer a “seamless and efficient” solution between compensation and retirement fund allocations.

Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.