Roth IRAs

Seniors should focus on what they can control — such as their reaction to market volatility and their long-term savings.

The passage extends the IRA contribution deadline and waives RMDs for 2020. Here’s what else financial advisors need to know.

The Secure Act eliminated a popular retirement planning feature. Here are strategies to help clients mitigate the tax hit.

Market plunges are normal and stocks are likely to recover and earn a positive return over the long term, says an expert.

These retirement vehicles can be less complex and cheaper than alternatives.

While some retirees have seen a substantial increase in spending, many others are enjoying financial freedom.

Mutual funds and ETFs are often created with lopsided or unequal allocations toward certain sectors of the economy, experts warn.

Designating charities as a beneficiary of their retirement accounts is one strategy that can enhance their tax savings.

More than a quarter of women in a recent survey say they are confident they will comfortably retire, while almost a third of men voiced the same confidence.

“The advice I give is to calculate the financial impact for each option,” an expert says.

Seniors choosing between traditional and Roth IRAs must account for their current and future tax rates.

The spike in the number of older employees in the workplace reflects a trend over the past decade.

Pre-retirees may consider funding a Roth account to take advantage of tax-free compounding and tax-exempt withdrawals in retirement, an expert writes.

They are advised to consider making amendments if they want to take advantage of temporary tax provisions that Congress extended retroactively in December.

Advisors can protect clients’ estate planning goals post-Secure Act but the vehicle will have to change.

Nearly 48% of younger Americans feel they are not saving enough to secure their lifestyles after leaving the workforce, a report finds.

To reduce the risk of retiring early, seniors are advised to take on a part-time job or downsize to reduce expenses.

Many pre-retirees leave the workforce sooner than anticipated as a result of various factors, such as job loss and illness.

“The advice I give is to calculate the financial impact for each option,” an expert says.

Along with other decisions, dating the amount of money they need to withdraw would help them in retirement planning and spending.