Retirement income

The tax increases stem from lawmakers' failure to index the taxation on inflation, according to one expert.

Taking these steps can help clients insulate themselves from some of the market volatility that we've been experiencing recently, says one expert.

If your client's goal is to save more for retirement, there are some simple steps they can take to make that resolution stick.

This strategy enables retirees to restrict their application to spousal benefits and allow their benefit to grow until they reach 70.

Clients are advised to diversify their tax positioning when investing for retirement, one expert says. This can be done by contributing to three buckets: taxable, IRA (pretax) and Roth (posttax).

When your clients say they want to invest like celebrity billionaires, point out that they already have one thing in common — some years are good, some are bad.

There can be benefits in enrolling simultaneously, but there are also incentives to consider in waiting on Social Security, instead of claiming benefits at 65 when Medicare kicks in.

Clients can often retire smoothly even during a downturn if they diversify and rebalance their portfolios properly, as well as pay off debts and maximize their Social Security benefits.

A widely held view is that a lot of spending is wasted on “heroic” measures at the end of life, but it’s difficult to know which patients are in their final year.

They are advised to take the mandatory distribution days before the deadline to ensure that they get their withdrawal processed in time.

Millennials should start setting money aside early and consistently, but without depriving themselves.

Some of the largest and fastest-growing economies in the world are still considered emerging markets.

One of the major provisions of proposed legislation would require 401(k) plans to offer annuities so participants could create new income streams.

Despite Social Security's financial woes, the revenue shortfall can be easily fixed, say experts at Boston College Center for Retirement Research. But it will only go so far in paying for living expenses.

Building income streams that mimic the predictability of a working lifestyle is a delicate skill.

Seniors should not only have a financial plan in place, but activities to keep them preoccupied.

Some people have a hard time getting their one-time pass code to log on to their My Social Security account.

Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.

The program could see benefit cuts and undergo significant changes in the future, and this poses a problem for seniors who depend on it for their main source of retirement income.

The holidays are fast approaching, which means it is time to start doing some year-end tax planning.