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Asset reserves are projected to become depleted in 2035, a year later than previously estimated.
April 22 -
One state has two of the top three cities in terms of boomer debt.
April 18 -
Capital gains tax rates are not just taxed at a single, more favorable, rate anymore.
April 17 -
A proposal to increase payroll taxes is facing opposition from some lawmakers who believe millennial workers cannot afford to bear the brunt of higher payroll taxes.
April 17 -
Tapping into these plans is one method used to prevent bankruptcy.
April 16 -
Clients are increasingly favoring accounts suited for emergency spending, research shows.
April 15 -
New legislation that aims to give workers greater opportunities to save may put the kibosh on a strategy for passing large individual retirement accounts to heirs.
April 12 -
Grandparents are advised to give cash gifts without putting their future financial security at risk.
April 11 -
There are still several moves that clients can make to reduce their 2018 tax bill.
April 1 -
New innovations increase participation by making it easier to save and invest for retirement, an expert says.
March 28 -
Parents should have a smart plan on how to help their adult children returning to their home without putting their own retirement at risk.
March 26 -
Dental expenses can eat away a considerable amount of retirees’ savings, but these costs are important to prevent health complications and other medical expenses.
March 21 -
There are a lot of options — and potential missteps.
March 19 -
Heavily weighting any single stock has the potential to make a portfolio more volatile.
March 15 -
The U.S. is one of the few countries that doesn’t have paid family leave, and it can cause families hardship around the time of a birth, says an expert.
March 14 -
The Trump administration unveiled its proposed budget that includes provisions that would enable Medicare beneficiaries to contribute to a health savings account.
March 13 -
Not having a full understanding could hurt workers’ retirement prospects by causing them to possibly miss out on their employer’s match or not reducing their taxable income as much as possible.
March 8 -
The Pension Benefit Guaranty Corp. is facing a $54 billion deficit for insuring multiemployer plans in unionized industries, says the GAO report.
March 7 -
The worst thing you can do during a stock market crash is panic and sell your stocks near the market bottom.
March 6 -
To qualify for this feature, clients should have reported a minimum amount for at least 11 years.
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