Retirement

A lump-sum distribution for net unrealized appreciation on employer stock can slash a tax bill in half, but there’s plenty of fine print.

With income taxes attached to hardship withdrawals, they are often advised to carefully weigh other options.

Ensure their contributions don't exceed the limits to avoid a penalty tax.

As much as 46% believe Medicare will cover the costs of long-term care.

The approved legislation relaxes rules for retirement savers.

The number of recipients has increased as the baby boomer generation reaches retirement age.

Seniors who hold retirement savings in various assets should develop a tax-efficient withdrawal strategy.

Lawmakers are poised to merge two bills that would make it easier for workers to save for retirement.

Clients who consider contributing to their health savings accounts past their full retirement age are advised to rethink their plan.

Practices can dance on the cutting edge by returning to basics in an area where financial advisors are “deeply curious” about the best approach.

With accounts now often reaching seven figures, estate planning expert Natalie Choate delved into the complexity of the increasingly important tool.

Some seniors are missing out on a potential 20% tax deduction, and “no one is talking about what a wonderful retirement planning technique" it is, says an expert.

In one case, a 6-year-old owed $7,000 in federal taxes two years after his father, a U.S. Navy senior chief petty officer, died of a heart attack.

A tougher job market and requirements to simultaneously care for children and elderly parents are just some burdens clients may face.

Seniors in this position may face a tax bill and possibly a penalty if they dip into their 401(k) prematurely, says an expert.

The S&P 500 bottomed in March 2009, but clients have since seen a huge boost in their retirement savings.

Clients who want to retire in their 30s or 40s will need a lot of hand-holding.

Most inflows in the space went to products with over 80% of their assets in index funds, new research from Morningstar finds.

With longer life expectancies leading to increased health care spending later in life, experts are second-guessing the 10% savings rule.