Social Security benefits

While tax reform has been a mixed bag for muni bonds, a few factors working in their favor include constrained supply this year, as well as historically low defaults.

There are hundreds of claiming strategies — using the wrong one can have major repercussions.

A small group will actually pay less in premiums because the cost-of-living adjustment in their Social Security benefits next year won’t be large enough to cover the premium increase.

Compared with college-educated professionals, high school educated workers retire earlier because their jobs are physically demanding and less appealing for aging workers.

The average beneficiary will receive $39 more a month next year.

The SSA may tell your clients they can’t use this filing strategy. But author and consultant Brian Doherty says the agency is wrong.

Seniors will have to pay income taxes on a certain portion of their benefits if their taxable income plus 50% of the benefits exceed a certain threshold.

Some can expect an increase in their tax bill thanks to Social Security income taxes and higher Medicare premiums.

Certain clients may consider donating directly from their IRAs.

Other groups, such as those who used to itemize tax deductions but will now use the high standard deduction, are also advised to check their withholding taxes.

Many older Americans are now facing hefty life insurance premiums due to dwindling interest rates. Many seniors are sitting on a "ticking time bomb."

Boosting the widow's benefit, while limiting the size of the increase for higher earners, could be a “well-targeted way to help reduce poverty for this vulnerable group.”

Tax cuts and other policies have stirred a stronger economy, but these results could mean vulnerable financial markets in the foreseeable future.

Millennials and other younger clients would see their Social Security benefits decrease 21% once the program runs out of funds by 2034.

More than one third of the respondents (37%) save for emergency purposes, while 30% save to secure their retirement. See the reason that tops the list.

Couples born many years apart need extra guidance as they prepare for their post-work lives.

Seniors need to be mindful of enrollment deadlines with Medicare.

This retirement investing strategy can be a hard one to implement, but it makes academic sense.

Seniors should have socked away at least 10 times their salary in their retirement accounts by the time they retire to secure their golden years.

If your clients are approaching their late 60s and wondering when to file, there is a second option where they stand to forgo the least amount of money.