Retirement Planning

When you turn 72, the IRS will likely expect you to start cashing out your tax-advantaged retirement savings that you may have spent decades building up.  ...

As long-term care insurance premiums keep rising and fewer companies are offering policies, seniors are looking for other ways to help pay for long-term care. Annuity "nursing home doublers" have emerged as a new long-term care option.

With the SECURE Act making changes to rules about inherited IRAs, instead of leaving your IRA to your children, you may want to consider leaving it to a charitable remainder unitrust, which can still benefit your children. ...

Annuities can be valuable retirement and longevity planning tools, but they are complex financial products that can be misused. There are two kinds of annuities: deferred and immediate. Learn how they work.

President Obama has proposed new rules to require financial advisers to act in the best interests of their clients. ...

A new rule is allowing investors to use annuities in retirement to help save on taxes. The IRS now gives Individual Retirement Account (IRA) owners the ability to invest in annuities inside their retirement accounts without worrying about minimum distributions.

The terms 401(k) and individual retirement account (IRA) are bandied about quite a bit when discussing retirement planning, but what are the actual differences between the two?...

Elderlaw 101

A rule about how many IRA-to-IRA “rollovers” a taxpayer can make in a single years has changed and taxpayers should be aware of it to avoid unnecessary taxes and penalties.  ...

Retiring to another country can be a very attractive option.  Lower cost of living and health care expenses along with exotic locales and temperate climates persuade many seniors to retire outside of the United States.