Employee benefits

Those who can't downsize can still rent out a portion of their property to help cover expenses.

One option for the higher earning spouse is to use an IRA as payment.

Municipal bonds can be a more lucrative option for some retirement savers than comparable, higher-yielding bonds.

Some 1.4 million participants in private pension plans may be facing stiff pension cuts that could come as soon as 2028.

“Public pension plans continue to bury their heads in the sand living in a time warp of decades-old actuarial assumptions,” says a former Connecticut state treasurer.

The move is an early indication of how firms may react to the demise of the Labor Department regulation.

Seniors receiving pension payments should ensure that their tax withholding is enough to cover the tax liability on the income and avoid trouble with the IRS.

The firms are seeking to tap into the growing demand for ethical investing.

A portion of retirees’ Social Security benefits may be taxed at the federal level if their combined income exceeds a certain limit.

Almost all young investors polled by Schwab expect the funds to be their primary investment vehicle in the future.

One may have lots of disposable income, while the other may have to rely on taxable distributions.

Even investors who aren’t ultrawealthy may be able to avoid income taxes on their investments with “off the rack” strategies similar to the specially designed life insurance contracts sold by some financial firms to ultrahigh-net-worth clients.

Baby boomers are holding more mortgage debt than the retirees before them. But sometimes, that can be a smart financial strategy.

We have multiple goals in life and should be able to handle short-term debts and long-term goals without sacrificing one for the other, says an expert.

The new tax law has nearly doubled the standard deduction and limits the deduction for state and local taxes, making it less likely for taxpayers to itemize their deductions.

The gig economy ushered in a new way of working, which in turn has ushered in a new way of retiring.

The health-care program for the elderly and disabled covers about 58 million Americans.

Clients should not only check the fees, but also compare their after-tax returns.

About 4.3 million of the 18 million workers in the 55-64 age bracket are likely to live in poverty once they reach 65, according to a study.

The gap for brand-name prescription drugs for Medicare beneficiaries is likely to narrow down to 25% of drug costs from the scheduled 30% next year.