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High-yield or junk bonds, equities, and real estate investment trusts are excellent investment options for IRAs.
November 17 -
The tax cut proposal would not benefit retirees because most of them either owe no federal income taxes or face a modest tax burden.
November 15 -
Under the rules, seniors face a tax liability for HSA contributions if they carry health coverage other than the high-deductible policy.
November 7 -
Seniors might get the policy again if they decided to drop it, but the rules "aren’t really super specific about what should happen in this situation,” one expert says.
October 23 -
Retirees can change their Part D prescription-drug plans, Advantage plans, and/or switch from traditional Medicare to Medicare Advantage during open enrollment, which ends December 7.
October 16 -
Clients should not assume that Medicare will cover all their medical expenses, or that they'll see a decrease in their expenses after they retire.
October 6 -
Certain laws may require them to maintain the coverage with their former spouse.
August 25 -
Planning may help high-income seniors avoid paying up to four times the going rate for Part B and Part D coverage.
August 8 -
High-earning seniors are advised to carefully plan when they file for Social Security benefits.
July 6 -
Beneficiaries owe no federal tax on collected payouts after the policyholder dies.
June 26