Baby Boomers

Only about 20% of Americans know the amount of contributions they can make to their 401(k) plan, according to a new study from TD Ameritrade.

If the client makes a mistake, they are advised to take the RMD as soon as they discover it so they can ask the IRS for a waiver of the penalty.

Baby boomers are retiring and spending their savings. Are advisors prepared to onboard the next generation?

Federal employees who retire during the partial government shutdown would have to wait a longer time to take retirement distributions from their savings plans.

In a perfect world, a negotiated peace will make winners of all parties, including clients.

"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.

"This multigenerational shift in wealth will reshape the wealth management landscape over the next quarter century," an expert says.

Contract work, consulting or smaller part-time jobs can help clients reduce withdrawals early in their retirement years. But have advisors kept up with the complexities of these strategies?

Nonprofits may experience a decline in revenue as more taxpayers are expected to opt for a standard deduction this year.

Older couples should determine whether they are physically ready for the task, as moving can be stressful for people of advanced age.