Two provisions have been eliminated that reduced Social Security benefits for public workers who receive pensions. Here’s ...

These seven milestone ages mark your eligibility for significant retirement benefits, including catch-up contributions and ...

President Joe Biden signed the Social Security Fairness Act into law, repealing old provisions that reduced the amount of Social Security retirement benefits for public sector workers who receive ...

Watch out for capital gains payouts. Mutual funds typically distribute capital gains in December, and by November, fund ...

There has been a lot of talk lately about the mega backdoor Roth IRA. For a long time, it was an unspoken secret used by ...

My wife and I both worked for Aetna, but have retired and have 401(k)s from work that are with Vanguard. I received her 401(k ...

After 2024's increase of 3.2%, Social Security recipients will get a more modest cost-of-living adjustment (COLA) in 2025: 2.5%. Why 2.5%? The COLA is tied to the inflation rate, says the Social ...

The SECURE 2.0 Act increased the catch-up contribution for some employees to $10,000 or 150% of the standard catch-up contribution, whichever is greater. Since 150% of $7,500 is $11,250, that's the ...

Nick Defenthaler, CFP®, RICP®, is a partner, CERTIFIED FINANCIAL PLANNER™ and Retirement Income Certified Professional® at Center for Financial Planning, Inc.® (offices in Brighton and Southfield ...

When it comes to retirement savings you have, essentially, three phases: saving, distribution and estate. Your saving phase ...