Social Security

If your client's goal is to save more for retirement, there are some simple steps they can take to make that resolution stick.

This strategy enables retirees to restrict their application to spousal benefits and allow their benefit to grow until they reach 70.

When your clients say they want to invest like celebrity billionaires, point out that they already have one thing in common — some years are good, some are bad.

There can be benefits in enrolling simultaneously, but there are also incentives to consider in waiting on Social Security, instead of claiming benefits at 65 when Medicare kicks in.

Clients can often retire smoothly even during a downturn if they diversify and rebalance their portfolios properly, as well as pay off debts and maximize their Social Security benefits.

A widely held view is that a lot of spending is wasted on “heroic” measures at the end of life, but it’s difficult to know which patients are in their final year.

They are advised to take the mandatory distribution days before the deadline to ensure that they get their withdrawal processed in time.

Millennials should start setting money aside early and consistently, but without depriving themselves.

One of the major provisions of proposed legislation would require 401(k) plans to offer annuities so participants could create new income streams.

The average woman will work 12 fewer years than a man, according to one expert. There’s a “slew of issues” around this topic.

Despite Social Security's financial woes, the revenue shortfall can be easily fixed, say experts at Boston College Center for Retirement Research. But it will only go so far in paying for living expenses.

Building income streams that mimic the predictability of a working lifestyle is a delicate skill.

Seniors should not only have a financial plan in place, but activities to keep them preoccupied.

Some people have a hard time getting their one-time pass code to log on to their My Social Security account.

Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.

The program could see benefit cuts and undergo significant changes in the future, and this poses a problem for seniors who depend on it for their main source of retirement income.

The holidays are fast approaching, which means it is time to start doing some year-end tax planning.

This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.

"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.

Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.