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Retirees can consider a Roth IRA if they want to leave assets that would not be taxed once inherited.
September 15 -
The IRS is relaxing some rules to make pulling money from retirement plans easier after hurricanes Irma and Harvey, but clients should remember the taxes and penalties associated with withdrawals are unchanged,
September 14 -
Some of these states, however, may not be tax-friendly for retirees.
September 11 -
The average retirement age is 61, with only 4% of seniors working until the age of 70 or older, according to a Gallup survey.
September 8 -
Advisors can protect their clients' retirement savings by allocating their assets across equities, fixed income and cash.
September 7 -
More than half of retirees said they were not at all interested in longevity insurance, according to a recent survey. Surprised? Take a look at some of the other results.
September 6 -
Once advisors have this conversation with clients, it can turn into a powerful referral source, says Rob Kron, head of investment and retirement education at BlackRock.
September 6 -
Each pre-retiree couple is in a unique circumstance, and needs to account for their health and longevity, as well as their willingness and ability to work.
September 5 -
Retirement plan advocates are urging the federal government to allow Hurricane Harvey victims to withdraw from their 401(k), IRA and other retirement accounts without facing any penalty.
August 31 -
Retirees are likely to have fewer choices when they start shopping around for Medicare Advantage plans during the open-enrollment period that begins October 15.
August 29