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While retirees can start taking 401(k) withdrawals without penalties when they turn 59 1/2, they may want to consider drawing from their taxable accounts for their living expenses.
July 5 -
The average score of correct answers was 47%, and only 5% of respondents earned a grade higher than C.
July 3 -
Four key features of the program hinge on reaching full retirement age.
June 28 -
Older Americans would be subject to an "age tax" under the Senate legislation designed to revamp the Affordable Care Act, says an expert with the AARP.
June 27 -
Setting up an investment account for every newborn, with the federal government seeding it with $7,000, might be a solution to the looming Social Security crisis, says expert.
June 23 -
Retirees are advised to adopt a less aggressive approach to investing and reduce their risk exposure.
June 22 -
Clients should not underestimate the impact of taxes on their income after they retire, as their tax liability could reduce substantially their net earnings.
June 21 -
The Senior Citizens League says that seniors on Social Security can expect an increase in cost of living adjustments not seen since 2012.
June 19 -
A new report indicates that projected medical expenses of a 45-year old couple, after they retire, will be 122% of their total Social Security benefits.
June 16 -
Health savings accounts are not only for funding immediate medical needs. They offer three distinct tax benefits that make them a powerful form of retirement savings.
June 16








