Roth IRAs

If retirees intend to rely heavily on Social Security for income, they should consider adjusting the timing of their bills to the date that they will receive their benefits.

One strategy includes encouraging clients to wait until the age of 70 to start collecting Social Security benefits.

The itemized deduction for investment fees may have been eliminated, but clients still need guidance on paying IRA expenses. Here's what to tell them.

Clients should determine the benefits they would receive if they file at age 62, at full retirement age, and after their full retirement age.

Elderly clients should make sure they have enough fixed-income in their retirement portfolios to spin off cash to cover the gap between income and expenses until the market recovers.

It pays to review the differences between traditional and Roth IRAs.

The Roth IRA has very low contribution limits, while those in high-income groups may not qualify to contribute to the account.

Homeowners have fewer options as state and local deductions have been capped under the new law.

LifeYield makes it proprietary Taxficient Score available to individual advisors.

Clients aged 35 have to set aside 11.69% of their pay to keep up with those in their 20s socking away only 6% of their salary, based on calculations by Financial Engines.