The Bear Market Has Brought ‘Fear and Uncertainty’ to Gen Z. How They’re Coping.
by Ella Gupta made her first investment when she was 10 years old. With the help of her parents, she took half of the profits from …
Tag: retirement
Why retirees should worry more about longevity and less about the markets
A research paper by Wenliang Hou finds that retirees have an exaggerated sense of market volatility. Dreamstime Text size Market volatility may keep retirees up …
Your retirement portfolio is fundamentally flawed: GMO
Across America, retirees and near-retirees are getting upset. They were assured by the simplistic financial advisors of “McMoney” that bonds were “safe”, that bond returns …
Be careful – this one mistake could cost you thousands when you roll over your 401(k) to an IRA
Here’s a pro tip that can hardly be said often enough. When you change jobs and are considering rolling over your old company’s 401(k) into …
How to Minimize Your Heirs’ Tax Burden on Inherited IRAs and 401(k)s
The stretch-IRA strategy was largely phased out after the Secure Act of 2019, leaving heirs with less tax leeway. Financial professionals have some solutions. Illustration …
Do you need to transfer your 401 (k) to an IRA? It can cost you tens of thousands.
Text size Retirement savings would do well to check the fund supplies in 401 (k) accounts held with former employers before transferring to an IRA. …
See how likely it is that your Social Security check will increase next year
Good news – somewhat. If you are retiring or about to retire, next year’s Social Security checks are likely to see one of the biggest …
3 big problems with the new pension reforms of the Congress
A new series of reforms to America’s pension tax and savings plans passed a major hurdle in Congress last week. Known as the SECURE Act …
Housing Improvements and Tax Deductions: CPA Tax Tips
It is a common question, “Are my home improvements tax deductible? “For most people, making improvements at home is a personal cost.” according to Jeffrey …
The Senate promotes the bill to raise the age for RMD to 75
Text size Savers can wait longer to start emptying their retirement accounts in accordance with outstanding legislation. Eric Lee / Bloomberg The Senate Treasury Committee …