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Retirees tapping their long-term savings accounts for income in an emergency are advised to strongly consider reducing their withdrawal rates.
March 16 -
These retirement vehicles can be less complex and cheaper than alternatives.
March 12 -
“Find ways to generate income,” says one financial planner.
March 11 -
To ensure their investments stretch as long as they live, clients are advised to develop a sustainable withdrawal plan and consider annuities.
March 6 -
Interestingly, the measure often used by analysts and planners just happens to be the one that doesn’t reflect how most clients actually invest or withdraw money.
March 2 -
Aside from income taxes, retirees will also pay consumer taxes and may face a 3.8% Medicare surtax.
February 24 -
Seniors choosing between traditional and Roth IRAs must account for their current and future tax rates.
February 20 -
The Social Security retirement rate is based on their highest 35 years of wage-indexed earnings.
February 19 -
The spike in the number of older employees in the workplace reflects a trend over the past decade.
February 18 -
Pre-retirees may consider funding a Roth account to take advantage of tax-free compounding and tax-exempt withdrawals in retirement, an expert writes.
February 14