Roth IRAs

For starters, wage income earned by those working past their full retirement age can boost tax bills and medical insurance costs.

Higher-than-anticipated health-care costs are among the most unexpected expenditures clients face in retirement.

Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.

Workers from both generations share similarities — and financial pressures — when planning for retirement, writes an expert.

To secure retirement for both spouses, married clients need to determine their savings rate in their 401(k)s and take advantage of the employer's match.

Female clients should start as early as possible and take advantage of the employer match, contributing at least 15% of their income.

Setting up a tax-advantaged retirement account, automating contributions and reducing their overall expenses are a few strategies to get back on track.

Seniors hoping to begin retirement next year are advised to review their risk exposure, pay down their debt and save for additional health care costs.

Parents can match their children’s savings in a Roth IRA dollar-for-dollar on the condition that they agree not to dip into the accounts until they retire.

If not addressed, the client may see a higher tax bill than was planned. That won't go over well at tax time next year.

Those in the workforce will not owe taxes on rollovers to traditional retirement accounts, but will face consequences using the strategy with a Roth.

The gender gap is alive and well when it comes to career timeouts and savings often take the hit.

One option is to sell funds with lower or no estimated distributions, especially if possible savings will exceed trading costs.

Required minimum distributions are just one example of unforeseen expenses for retirees, an expert writes.

With pensions gradually disappearing, more retirees will have to rely on 401(k)s.

Despite recent tax law changes, recharacterizations are still possible and can prove a valuable strategy to correct such missteps.

Waiting too long means clients will miss out on the opportunity to maximize the plan’s full tax benefits.

Major repairs are needed to ensure Social Security’s long-term stability, according to an expert.

Researchers blame the immaturity of the system and poor choices made by those planning to retire.

Funding a Roth account, for example, may not offer upfront tax deductions, but withdrawals are tax-free.