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“Traditionally, 401(k)s generally have some really good investment options that you wouldn’t be able to do on your own,” an expert says.

The asset manager will serve “as a third-party vendor to operationalize these purchases and transact with the primary dealers,” the New York Fed said.

Retirees tapping their long-term savings accounts for income in an emergency are advised to strongly consider reducing their withdrawal rates.

While younger clients may be putting away more money than Gen Xers and baby boomers, they’re not better prepared for retirement compared with their older counterparts, experts say.

While some retirees have seen a substantial increase in spending, many others are enjoying financial freedom.

Aside from refinancing, retirees are advised to consider downsizing their homes to reduce overall spending.

Seniors choosing between traditional and Roth IRAs must account for their current and future tax rates.

A Roth conversion “not only to minimize heirs’ tax burden but also to sustain the growth of [their] retirement savings."

Retirees can reverse their claiming decision, but not without considering one important caveat.

After developing a plan to cover their bills and emergency expenses, clients in a new marriage are advised to start working on their long-term goals.

Seniors can claim tax deductions for payments made on their homes, allowing them to reduce their tax burden when they retire.

For starters, wage income earned by those working past their full retirement age can boost tax bills and medical insurance costs.

Medicare savings programs, discounts on prescription drugs and rental assistance are a few ways retirees can lighten their load.

The decisions made before they retire are integral to their success, according to an expert.

“The market is actually using proxies for understanding ESG data,” says BlackRock’s global head of sustainable investing.

There are attractive hedges against rising college tuition costs. But, not every student will benefit.

Raising the assumed age for decumulation to 67 from 65 could dramatically reduce the percentage of families at risk, an expert says.

Just 27% say they expect to have saved enough by the time they retire.

A plethora of options have opened up for advisory firms, but many are unfamiliar with borrowing protocols.

Managers will actively evaluate an asset’s characteristics — its value or momentum, for example — to determine what to buy.