Retirement

With many clients already home from work because of the pandemic, advisors are being asked why not now? For most, even the wealthy, the answer is clear.

Plunging oil prices have all but ruled out the possibility, according to a new report.

Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.

In the first-quarter’s coronavirus-driven market decline, 94% of sustainable indexes outperformed, BlackRock research shows.

Nearly 72% of Americans opted to stay the course and stick to their investment plan during the crisis, a survey found.

By making the right moves, retirees can reduce their taxable income and owe less in capital gains taxes, an expert says.

Finding the revenue to make up for the shortfall remains a “manageable exercise,” regardless of the as-yet unknown impact of the coronavirus, a Boston College economist says.

Though IRA conversions during a market correction may enable some clients to save on their taxes, the strategy is not recommended for everyone.

Those who feel they have inadequate savings may consider going back to work after the pandemic, even if it's on a part-time basis, according to an expert.

For clients fortunate enough to not need them, minimum distributions are not required this year in most — if not all — cases.

The rule change is designed to have an impact in the fight against COVID-19 and applies only to donations made to charitable organizations, an expert says.

How will the relief package impact retirement accounts? CPA Ed Slott fields this and other top financial planning queries.

The majority of U.S. workers do not have enough savings to help them in the event of a medical emergency and often turn to their retirement funds for help.

“Concerns over the program's ability to pay promised benefits have been around for a long while, but they're heightened,” an expert says.

There are appealing methods to shift investments “upstream” to aging parents or “downstream” to grown children.

People born in 1960 could see a permanent cut in their benefits without action by policymakers, an expert warns.

I am advising some clients to ladder maturities to lock in more dependable tax-free income streams — especially for those in states with high income taxes, like California.

Under the new act, some can take out as much as $100,000 from retirement plans early without penalty.