Retirement Planning: Most Popular Articles
These articles are the most popular over the last month.
401K Withdrawals Rules
Every 401K withdrawal affects your taxes and your future retirement planning. Make sure to consider these implications and others concerns whenever contemplating a 401K distribution from your 401K.
Every 401K withdrawal affects your taxes and your future retirement planning. Make sure to consider these implications and others concerns whenever contemplating a 401K distribution from your 401K.
401(k) loans-9 things to know
401(k) loans are available with no credit checks. Are they a good idea? Learn the advantages, disadvantages and limits of borrowing from your 401(k) plan.
401(k) loans are available with no credit checks. Are they a good idea? Learn the advantages, disadvantages and limits of borrowing from your 401(k) plan.
Regular IRA Withdrawal Rules
An IRA withdrawal is any distribution from your individual retirement account. It's critical to understand how your distribution will affect your financial future, both from tax and retirement planning perspectives.
An IRA withdrawal is any distribution from your individual retirement account. It's critical to understand how your distribution will affect your financial future, both from tax and retirement planning perspectives.
401K Match Means Free Money
Taking advantage of an employer's 401K match is a critical piece of proper retirement planning. This company match provides you with the opportunity to receive free money into your retirement plan.
Taking advantage of an employer's 401K match is a critical piece of proper retirement planning. This company match provides you with the opportunity to receive free money into your retirement plan.
impact_of_an_early
A look at what an early distribution is, what taxes and penalties are involved, and the potential financial ramifications to a retirement plan.
A look at what an early distribution is, what taxes and penalties are involved, and the potential financial ramifications to a retirement plan.
how_a_qualified_domestic
A definition of a qualified domestic relations order, or QDRO, that includes what retirement plans it can be applied to, how it works, and what is required in a QDRO.
A definition of a qualified domestic relations order, or QDRO, that includes what retirement plans it can be applied to, how it works, and what is required in a QDRO.
457 (b) _plan_overview
457(b) plan overview
457(b) plan overview
Your Social Security Benefits
Learn the two components of calculating your Social Security Benefits: your earnings history and the age you retire. Understand the impact your normal retirement age has on your retirement benefit too.
Learn the two components of calculating your Social Security Benefits: your earnings history and the age you retire. Understand the impact your normal retirement age has on your retirement benefit too.
Retirement for Overachievers
One of the most common questions among retirement planning overachievers is whether they can contribute
One of the most common questions among retirement planning overachievers is whether they can contribute
required minimum distributions calculating_and_taking
When you reach 70 1/2, IRS rules say you have to start required minimum distributions from your traditional IRAs or your 401(k)s. The tax bite for not obeying the rules can be major.
When you reach 70 1/2, IRS rules say you have to start required minimum distributions from your traditional IRAs or your 401(k)s. The tax bite for not obeying the rules can be major.
Social Security Widow Benefit
The death of a spouse is a dramatic event, emotionally and financially. Fortunately, the Social Security widow benefit paid to surviving spouse's takes some of the financial sting away. Learn more about the Social Security Survivor's Benefit.
The death of a spouse is a dramatic event, emotionally and financially. Fortunately, the Social Security widow benefit paid to surviving spouse's takes some of the financial sting away. Learn more about the Social Security Survivor's Benefit.
Vesting Schedules
Understanding your vesting schedule is a crucial and often underestimated part of retirement planning. The risk of forfeiting your employer's matching contribution is real and often preventable. Learn about the different types of vesting schedules and what they may mean to your financial future.
Understanding your vesting schedule is a crucial and often underestimated part of retirement planning. The risk of forfeiting your employer's matching contribution is real and often preventable. Learn about the different types of vesting schedules and what they may mean to your financial future.
401(k) Loan
Taking a 401k loan may seem tempting in the short term, but be sure to consider the consequences and penalties carefully first.
Taking a 401k loan may seem tempting in the short term, but be sure to consider the consequences and penalties carefully first.
Types of Retirement Accounts
Retirement plans can be confusing, this basic overview can help you understand how each one is different.
Retirement plans can be confusing, this basic overview can help you understand how each one is different.
RMD
Definition of a Required Minimum Distribution (RMD) from a qualified retirement plan such as a 401(k) or IRA
Definition of a Required Minimum Distribution (RMD) from a qualified retirement plan such as a 401(k) or IRA
Retirement Savings
When it comes to retirement savings, asking someone you haven't met how much savings they need is like
When it comes to retirement savings, asking someone you haven't met how much savings they need is like
Roth Conversion
A Roth Conversion means entering retirement with tax-free income. However, a Roth IRA conversion also comes at an upfront cost of paying taxes now. Converting your qualified retirement account (like a traditional IRA or old 401(k) plan) to a Roth IRA may be a great idea. But since your tax may be significant, make sure to learn the key considerations.
A Roth Conversion means entering retirement with tax-free income. However, a Roth IRA conversion also comes at an upfront cost of paying taxes now. Converting your qualified retirement account (like a traditional IRA or old 401(k) plan) to a Roth IRA may be a great idea. But since your tax may be significant, make sure to learn the key considerations.
vesting_schedules_determine
Vesting schedules come in three types: immediate, cliff and graded. Even if your employer contributes to your retirement plan or to your stock option plan, you don't really own those benefits until you have complied with their vesting schedule.
Vesting schedules come in three types: immediate, cliff and graded. Even if your employer contributes to your retirement plan or to your stock option plan, you don't really own those benefits until you have complied with their vesting schedule.
401(k) Plan Introduction
Lean the basics of 401(k) accounts; what is a contribution percentage, contribution limitations, tax-deferred growth, required distributions, IRA contribution limits, and how you can profit from a 401(k) plan today.
Lean the basics of 401(k) accounts; what is a contribution percentage, contribution limitations, tax-deferred growth, required distributions, IRA contribution limits, and how you can profit from a 401(k) plan today.
401k Loan
Should you take a 401k loan or apply for a 401k hardship loan to help with short-term cash needs? The answer, in almost all cases, is absolutely not. However, there are numerous things to consider, not to mention the need to consult with a qualified professional to get an opinion of whether or not a 401k loan makes sense based upon your own alternatives and situation. This resource was designed to explain the process and provide information that might help you.
Should you take a 401k loan or apply for a 401k hardship loan to help with short-term cash needs? The answer, in almost all cases, is absolutely not. However, there are numerous things to consider, not to mention the need to consult with a qualified professional to get an opinion of whether or not a 401k loan makes sense based upon your own alternatives and situation. This resource was designed to explain the process and provide information that might help you.
Borrow from Social Security?
Learn how an unusual quirk in Social Security allows retirees to take an interest-free loan from Social Security.
Learn how an unusual quirk in Social Security allows retirees to take an interest-free loan from Social Security.
Life Expectancy Impacts RMD
Shortly after your 70th birthday, you will be forced to begin taking required minimum distributions (RMD). As such, you will need to begin withdrawing money from your 401K and regular IRA. Learn how to calculate your required minimum distributions (RMD) and view the Uniform Life Expectancy tables.
Shortly after your 70th birthday, you will be forced to begin taking required minimum distributions (RMD). As such, you will need to begin withdrawing money from your 401K and regular IRA. Learn how to calculate your required minimum distributions (RMD) and view the Uniform Life Expectancy tables.
Non Deductible IRA
Due to certain income limits, not every worker is eligible to make a deductible contribution to a regular IRA. A subset of this group may be permitted to make a contribution to a Roth IRA. Still others will be prohibited from doing either. Enter the non-deductible regular IRA contribution. Learn the ins, outs, and implications of a non-deductible IRA contribution.
Due to certain income limits, not every worker is eligible to make a deductible contribution to a regular IRA. A subset of this group may be permitted to make a contribution to a Roth IRA. Still others will be prohibited from doing either. Enter the non-deductible regular IRA contribution. Learn the ins, outs, and implications of a non-deductible IRA contribution.
Roth IRA Withdrawal Rules
When can you make withdrawals from your Roth IRA account? Roth IRA withdrawals are different than regular IRA withdrawals. Roth IRA withdrawals are tax-free, as along as certain conditions are met.
When can you make withdrawals from your Roth IRA account? Roth IRA withdrawals are different than regular IRA withdrawals. Roth IRA withdrawals are tax-free, as along as certain conditions are met.
How Much to Save for Retirement
How much do you need to have saved before retirement? The short answer is: as much as you can.
How much do you need to have saved before retirement? The short answer is: as much as you can.
Your Safe Withdrawal Rate
What is the real safe withdrawal rate? Many experts feel withdrawing 4% of your initial retirement account balance, then adjusting annually for inflation is the right amount. But such a straightforward approach does leave us with some pretty illogical conclusions. Learn what to consider when contemplating what you can afford to spend in retirement.
What is the real safe withdrawal rate? Many experts feel withdrawing 4% of your initial retirement account balance, then adjusting annually for inflation is the right amount. But such a straightforward approach does leave us with some pretty illogical conclusions. Learn what to consider when contemplating what you can afford to spend in retirement.
Early retirement-less benefits
When you choose early retirement and take Social Security benefits before your normal retirement age, your benefit is reduced. Understand how the Social Security Administration figures this benefit reduction.
When you choose early retirement and take Social Security benefits before your normal retirement age, your benefit is reduced. Understand how the Social Security Administration figures this benefit reduction.
who_can_make_a_taxdeductible
Making tax-deductible contributions to a traditional IRA is more flexible than many retirement investors think.
Making tax-deductible contributions to a traditional IRA is more flexible than many retirement investors think.
Your Normal Retirment Age
Your normal retirement age, or your Social Security Retirement age is based on your year of birth. Learn the importance of your retirement age and how it might affect your retirement plans.
Your normal retirement age, or your Social Security Retirement age is based on your year of birth. Learn the importance of your retirement age and how it might affect your retirement plans.
how_to_calculate_your_modified
Modified Adjusted Gross Income, or MAGI, determines eligibility for numerous tax benefits. Here's how to calculate it.
Modified Adjusted Gross Income, or MAGI, determines eligibility for numerous tax benefits. Here's how to calculate it.
2009 IRA Contribution Limits
Many retirement plan limits have changed. Some have not. Learn what you need to know about IRAs, Roth IRAs, contributions, and conversions.
Many retirement plan limits have changed. Some have not. Learn what you need to know about IRAs, Roth IRAs, contributions, and conversions.
2011 IRA Contribution Limits
Find out how much you can contribute to your IRA for 2011.
Find out how much you can contribute to your IRA for 2011.
What is an IRA?
Lean the basics of Individual Retirement Accounts (IRAs): where and how to open an account, IRA contribution limits, income limitations, what is an IRA, who's eligible, when they're called for, and how you can profit from an IRA today.
Lean the basics of Individual Retirement Accounts (IRAs): where and how to open an account, IRA contribution limits, income limitations, what is an IRA, who's eligible, when they're called for, and how you can profit from an IRA today.
Roth IRA Contribution Limits 2012
Find out the Roth IRA contribution limits and income limits for 2012.
Find out the Roth IRA contribution limits and income limits for 2012.
How much do you need to retire
Almost half of our readers think saving $1,000,000 is necessary for a comfortable retirement. How much money do you think you need to retire?
Almost half of our readers think saving $1,000,000 is necessary for a comfortable retirement. How much money do you think you need to retire?
2010 IRA Contribution Limits
Most retirement plan limits have not changed due to a lack of significant inflation. Learn what you need to know about IRAs, Roth IRAs, contributions, and conversions.
Most retirement plan limits have not changed due to a lack of significant inflation. Learn what you need to know about IRAs, Roth IRAs, contributions, and conversions.
Start Retirement Planning
An introduction to 401(k)s, IRAs, Roth IRAS and the importance of early saving to a successful retirement plan.
An introduction to 401(k)s, IRAs, Roth IRAS and the importance of early saving to a successful retirement plan.
the_importance_of_designating_beneficiaries
How do you designate a beneficiary? Most retirement plans, annuities and life insurance policies let you decide what should become of your assets after your death through the naming of beneficiaries. Deciding which beneficiaries to name entails a whole set of considerations.
How do you designate a beneficiary? Most retirement plans, annuities and life insurance policies let you decide what should become of your assets after your death through the naming of beneficiaries. Deciding which beneficiaries to name entails a whole set of considerations.
Emergency Retirement Planning
How to plan for a retirement that's a few years away.
How to plan for a retirement that's a few years away.
Roth IRA Basics
Learn the basics of Roth Individual Retirement Accounts (Roth IRAs): where and how to open an account, Roth IRA contribution limits, income limitations, what is an IRA, who's eligible, when they're called for, and how you can profit from a Roth IRA today.
Learn the basics of Roth Individual Retirement Accounts (Roth IRAs): where and how to open an account, Roth IRA contribution limits, income limitations, what is an IRA, who's eligible, when they're called for, and how you can profit from a Roth IRA today.
Tenants In Common
"Tenants in common" is a specific way to title real estate. Other options, such as tenants by the entirety
"Tenants in common" is a specific way to title real estate. Other options, such as tenants by the entirety
Is a SEP-IRA for You?
SEP-IRAs (Simplified Employee Pensions) are an excellent retirement planning opportunity for the self-employed. With high contribution limits and late deadlines, they provide for great flexibility and savings.
SEP-IRAs (Simplified Employee Pensions) are an excellent retirement planning opportunity for the self-employed. With high contribution limits and late deadlines, they provide for great flexibility and savings.
2011 DeductibleIRAContributions
The 2011 IRA contribution deductions have been set. Will you be able to deduct your IRA contribution?
The 2011 IRA contribution deductions have been set. Will you be able to deduct your IRA contribution?
2011 Roth IRA Income Limits
Can you contribute to a Roth IRA for 2011? Check out the 2011 Roth IRA income limits.
Can you contribute to a Roth IRA for 2011? Check out the 2011 Roth IRA income limits.
the_benefits_of
The benefits of diversification: how investing in a variety of sectors can boost your portfolio and prevent you from losing money in riskier options.
The benefits of diversification: how investing in a variety of sectors can boost your portfolio and prevent you from losing money in riskier options.
Rollover IRAs
401K to IRA rollovers are a fairly straightforward process as long as you make it clear of your intentions. However, if you take a distribution and then decide to do an IRA rollover, your job just got harder thanks to mandatory withholding. Learn how to avoid the 20% mandatory withholding on IRA rollovers.
401K to IRA rollovers are a fairly straightforward process as long as you make it clear of your intentions. However, if you take a distribution and then decide to do an IRA rollover, your job just got harder thanks to mandatory withholding. Learn how to avoid the 20% mandatory withholding on IRA rollovers.
Joint Tenancy
Joint Tenancy is a common way to title assets, often including real estate. Learn how it affects the execution of your will if you pass away.
Joint Tenancy is a common way to title assets, often including real estate. Learn how it affects the execution of your will if you pass away.
primary beneficiary
A primary beneficiary is a person or entity designated as the first in line to inherit an asset.
A primary beneficiary is a person or entity designated as the first in line to inherit an asset.
Roth IRA as Emergency Fund?
The use of Roth IRA distributions as an emergency fund is a noteworthy concept. Nonetheless, it is fraught with significant disadvantages including negative tax and retirement planning consequences. Learn what to consider whenever you take a Roth IRA distribution, be it before or during retirement.
The use of Roth IRA distributions as an emergency fund is a noteworthy concept. Nonetheless, it is fraught with significant disadvantages including negative tax and retirement planning consequences. Learn what to consider whenever you take a Roth IRA distribution, be it before or during retirement.
never_turn_down_free_money_an
Taking part in an employer matching program, if you're lucky enough to work at a place that offers one, is like receiving free money. Here's how it works.
Taking part in an employer matching program, if you're lucky enough to work at a place that offers one, is like receiving free money. Here's how it works.
Social Security tax rate
Social Security taxes are limited to the first $106,800 of earnings during 2009. Learn the current and future impact of this cap on your retirement planning.
Social Security taxes are limited to the first $106,800 of earnings during 2009. Learn the current and future impact of this cap on your retirement planning.
early_distributions_without
An overview of Substantially Equal Periodic Payments, or SEPPs, that includes the rules for withdrawals, how to calculate withdrawals and the benefits of SEPP.
An overview of Substantially Equal Periodic Payments, or SEPPs, that includes the rules for withdrawals, how to calculate withdrawals and the benefits of SEPP.
Can I withdraw from a Roth IRA?
Can you withdraw money from your Roth IR before you retire? Yes, but you could be penalized on the growth of your original investment.
Can you withdraw money from your Roth IR before you retire? Yes, but you could be penalized on the growth of your original investment.
Rollover IRA
What do you do with your 401(k) after you leave a job? Roll it over into a special account called a Rollover IRA.
What do you do with your 401(k) after you leave a job? Roll it over into a special account called a Rollover IRA.
ILIT - Estate Tax Savings
An irrevocable life insurance trust (ILIT) is an important estate planning document for individuals meeting certain criteria. Learn the relative advantages and disadvantages of an irrevocable life insurance trust including potential estate tax savings and the forfeiture of future flexibility.
An irrevocable life insurance trust (ILIT) is an important estate planning document for individuals meeting certain criteria. Learn the relative advantages and disadvantages of an irrevocable life insurance trust including potential estate tax savings and the forfeiture of future flexibility.
your_choices_when_investing
Retirement investment choices include everything from stocks, bonds and mutual funds to ETFs and cash. These choices can confuse the average retirement investor. Here's where to start.
Retirement investment choices include everything from stocks, bonds and mutual funds to ETFs and cash. These choices can confuse the average retirement investor. Here's where to start.
Higher Limits, Higher Savings
Learn the 2009 401(k) contribution limits so you can take maximum advantage of this powerful tax-deferred retirement plan.
Learn the 2009 401(k) contribution limits so you can take maximum advantage of this powerful tax-deferred retirement plan.
Understanding Gift Tax Rules
Although gift tax is very straightforward, those with high asset levels need to follow the rules or risk paying tax unnecessarily.
Although gift tax is very straightforward, those with high asset levels need to follow the rules or risk paying tax unnecessarily.
Roth IRAs - Five Year Rule
To benefit from the tax-free growth of a Roth IRA, you must keep your assets in your account for five years after your initial contribution. Like with other fun tax rules, five years can actually go by a lot quicker. Learn how.
To benefit from the tax-free growth of a Roth IRA, you must keep your assets in your account for five years after your initial contribution. Like with other fun tax rules, five years can actually go by a lot quicker. Learn how.
Keough Plans
Keogh plans are qualified retirement plans that may be established as either defined benefit or defined contribution plans. With high contribution limits and large tax incentives, Keogh plans present an opportunity self-employed individuals should carefully consider.
Keogh plans are qualified retirement plans that may be established as either defined benefit or defined contribution plans. With high contribution limits and large tax incentives, Keogh plans present an opportunity self-employed individuals should carefully consider.
403b_plan_overview
Overview of 403(b) plans
Overview of 403(b) plans
IRA Rollovers
An IRA rollover is an effective way to simplify your retirement planning while giving you more investment choices and extending your tax deferral.
An IRA rollover is an effective way to simplify your retirement planning while giving you more investment choices and extending your tax deferral.
selfemployed_retirement_plan
The pros and cons of various retirement plans for the self-employed.
The pros and cons of various retirement plans for the self-employed.
Retirement Planning & Your 30s
Retirement planning in your thirties presents the true need to save more with the competing realities of increased expenses due to a growing family. Before the college bills come due, increase the amount you save for retirement and keep an eye on appropriate long-term investment strategies.
Retirement planning in your thirties presents the true need to save more with the competing realities of increased expenses due to a growing family. Before the college bills come due, increase the amount you save for retirement and keep an eye on appropriate long-term investment strategies.
Can I withdraw from my 401(k)?
Can I withdraw money from my 401(k) before I retire? Yes, you can anytime, but you may have to pay a penalty.
Can I withdraw money from my 401(k) before I retire? Yes, you can anytime, but you may have to pay a penalty.
How Tax Deferred Plans Work
Learn how a tax deferred plan can lower your current and future taxes.
Learn how a tax deferred plan can lower your current and future taxes.
before_your_convert_to_a_roth
Some benefits of a converting to a Roth IRA are unavailable through a traditional IRA. But the Roth IRA also has its own set of limitations. Here's how Roth IRAs stack up compared to traditional IRAs.
Some benefits of a converting to a Roth IRA are unavailable through a traditional IRA. But the Roth IRA also has its own set of limitations. Here's how Roth IRAs stack up compared to traditional IRAs.
normal_distributions_from
What are normal distributions from retirement plans? This definition includes taxable and tax-free plans, as well as associated penalties and exemptions.
What are normal distributions from retirement plans? This definition includes taxable and tax-free plans, as well as associated penalties and exemptions.
A Delayed Retirement
Delaying Social Security benefits beyond your normal retirement date increases your monthly payments. Understand how the Social Security Administration will calculate your benefits.
Delaying Social Security benefits beyond your normal retirement date increases your monthly payments. Understand how the Social Security Administration will calculate your benefits.
Roll over your SIMPLE IRA
Can you roll over your SIMPLE IRA into a 401(k) plan?
Can you roll over your SIMPLE IRA into a 401(k) plan?
money_purchase_plan_definition
Definition of a money purchase pension plan.
Definition of a money purchase pension plan.
Tax-Deferred
Definition of tax-deferred growth available through many qualified retirement plans
Definition of tax-deferred growth available through many qualified retirement plans
401(k) Beneficiary Designations
Make sure to regularly check your 401(k) plan beneficiary designations, especially if any major family changes have occurred.
Make sure to regularly check your 401(k) plan beneficiary designations, especially if any major family changes have occurred.
Cost of Living Adjustments
One of the most valuable parts of your Social Security benefit is your cost-of-living-adjustment (COLA). It is the Social Security COLA that allows for protection from inflation over the long-term.
One of the most valuable parts of your Social Security benefit is your cost-of-living-adjustment (COLA). It is the Social Security COLA that allows for protection from inflation over the long-term.
annuities_and_retirement
The promises of a retirement annuity such as guaranteed lifetime income and tax-deferred growth are tempting, but be sure to consider the taxes and expenses involved as well.
The promises of a retirement annuity such as guaranteed lifetime income and tax-deferred growth are tempting, but be sure to consider the taxes and expenses involved as well.
protecting_your_assets_before
Long-term care and nursing home can be extremely expensive, and only if the patient falls below a certain level of wealth is it covered by Medicaid. Regardless of age or health status, as long as you have assets and an income that can be counted as your own, the options may be limited when it comes to securing long-term care.
Long-term care and nursing home can be extremely expensive, and only if the patient falls below a certain level of wealth is it covered by Medicaid. Regardless of age or health status, as long as you have assets and an income that can be counted as your own, the options may be limited when it comes to securing long-term care.
An Ideal Retirement
With all the focus on the monetary aspects of retirement planning, it's easy to lose sight of the big picture: your happiness during retirement. Learn some of the big issues of retirement that have little to do with money and add your own suggestions for the community.
With all the focus on the monetary aspects of retirement planning, it's easy to lose sight of the big picture: your happiness during retirement. Learn some of the big issues of retirement that have little to do with money and add your own suggestions for the community.
Employer Match
Find out why employer matching programs are the best retirement investment.
Find out why employer matching programs are the best retirement investment.
contingent beneficiary
A contingent beneficiary stands second-in-line to inherit assets such as a life insurance policy, a retirement plan or an annuity.
A contingent beneficiary stands second-in-line to inherit assets such as a life insurance policy, a retirement plan or an annuity.
who_is_your_retirement_plan
What a retirement plan custodian is and how it helps protect your funds.
What a retirement plan custodian is and how it helps protect your funds.
Life Insurance for Retirement
Learn when it might make sense to use life insurance as part of your retirement plan.
Learn when it might make sense to use life insurance as part of your retirement plan.
mutual_funds_and_retirement
Mutual funds are the primary workhorses of most investors' retirement plans. Investing in mutual funds can be a quick and relatively inexpensive way to build a diverse portfolio of stocks and bonds, with the added benefit of professional management.
Mutual funds are the primary workhorses of most investors' retirement plans. Investing in mutual funds can be a quick and relatively inexpensive way to build a diverse portfolio of stocks and bonds, with the added benefit of professional management.
Mortgage-Free Retirement?
The lure of a mortgage-free retirement is attractive. Learn the considerations for eliminating what's likely to be your largest bill in retirement.
The lure of a mortgage-free retirement is attractive. Learn the considerations for eliminating what's likely to be your largest bill in retirement.
Retirement Planning Today
The decline of defined benefit pensions and the uncertainty surrounding Social Security are just two of the various important changes to today's retirement compared to a generation ago. Learn what you can and should do about the new retirement. Your retirement planning must change.
The decline of defined benefit pensions and the uncertainty surrounding Social Security are just two of the various important changes to today's retirement compared to a generation ago. Learn what you can and should do about the new retirement. Your retirement planning must change.
Creative Use of an HSA
A Health Savings Account (HSA) can be an important part of your retirement planning. Coupled with a High Deductible Health Plan (HDHP), an HSA can provide you with tax-free growth on qualified medical expenses and tax-deferred growth on the excess. Learn more about how an HSA might help you achieve your retirement goals.
A Health Savings Account (HSA) can be an important part of your retirement planning. Coupled with a High Deductible Health Plan (HDHP), an HSA can provide you with tax-free growth on qualified medical expenses and tax-deferred growth on the excess. Learn more about how an HSA might help you achieve your retirement goals.
graded_vesting_schedule_and
A graded vesting schedule is a rule that determines when workers get to keep matching money that their employers have deposited into their retirement plans.
A graded vesting schedule is a rule that determines when workers get to keep matching money that their employers have deposited into their retirement plans.
Top Step 4: Spending Time
Many people give little thought to how they will spend their time in retirement. After all, the biggest use of their time - working - will be no more. While many retirees report a near honeymoon- like period for the first six to nine months of retirement, many report an eventual urge to become more productive in retirement than they had anticipated.
Many people give little thought to how they will spend their time in retirement. After all, the biggest use of their time - working - will be no more. While many retirees report a near honeymoon- like period for the first six to nine months of retirement, many report an eventual urge to become more productive in retirement than they had anticipated.
Roth IRAs Have No RMDs
Some retirement plans require individuals to make a minimum withdrawal each year. But if you want to keep more money in your plan and take advantage of greater tax-free growth, a Roth IRA may be the plan for you.
Some retirement plans require individuals to make a minimum withdrawal each year. But if you want to keep more money in your plan and take advantage of greater tax-free growth, a Roth IRA may be the plan for you.
How to Retire on Less
In an ideal world, you'd retire with a large portfolio. Alas, you may not live in that ideal world. Does that mean you can't retire? Hardly. Here are six tips for retiring on less.
In an ideal world, you'd retire with a large portfolio. Alas, you may not live in that ideal world. Does that mean you can't retire? Hardly. Here are six tips for retiring on less.
Retirement Planning for Couples
Are you and your spouse planning for the same retirement? Discussing retirement as a couple can help you plan for a shared ideal future.
Are you and your spouse planning for the same retirement? Discussing retirement as a couple can help you plan for a shared ideal future.
nonqualified_retirement_plan
An definition of non-qualified retirement plans, including how they are created and how contributors' tax benefits differ from those of qualified retirement plans.
An definition of non-qualified retirement plans, including how they are created and how contributors' tax benefits differ from those of qualified retirement plans.
definition_of_an_investment
An investment portfolio is a collection of assets owned by an individual or by an institution.
An investment portfolio is a collection of assets owned by an individual or by an institution.
IRA Step 1: Contribution Limit
Your maximum IRA contribution limit is based on several factors including your earned income, marital status, total income, age, date, and year. While the amount you can afford will also play in a role in how much you ultimately save for retirement with an IRA, understanding the general parameters of the tax law enables you to aim for the maximum.
Your maximum IRA contribution limit is based on several factors including your earned income, marital status, total income, age, date, and year. While the amount you can afford will also play in a role in how much you ultimately save for retirement with an IRA, understanding the general parameters of the tax law enables you to aim for the maximum.
IRA Contribution Limits 2012
Find out how much you can contribute to a traditional IRA in 2012.
Find out how much you can contribute to a traditional IRA in 2012.
Roth 401(k) vs. Regular 401(k)
Roth 401(k)s bring together the tax-free growth of a Roth IRA and the higher contribution limits of a 401(k). Yet a Roth IRA contribution lowers your net pay in a way a regular 401(k) does not. Learn what to consider when evaluating a Roth 401(k).
Roth 401(k)s bring together the tax-free growth of a Roth IRA and the higher contribution limits of a 401(k). Yet a Roth IRA contribution lowers your net pay in a way a regular 401(k) does not. Learn what to consider when evaluating a Roth 401(k).
Tenants by the Entirety
"Tenants by the Entirety" is a common way to title real estate. Other options, such as tenants in common
"Tenants by the Entirety" is a common way to title real estate. Other options, such as tenants in common
the_thrift_savings_plan_for
An overview of the Thrift Savings Plan for Federal Employees, or TSP..
An overview of the Thrift Savings Plan for Federal Employees, or TSP..
All About Medicare
Due to the rising cost of health care, Medicare is a critical and growing component of retirement planning. Learn about the alphabet soup of Medicare Parts.
Due to the rising cost of health care, Medicare is a critical and growing component of retirement planning. Learn about the alphabet soup of Medicare Parts.
Planning a Delayed Retirement
Many people seek to retire at age 62 but can't actually afford to retire so young. While not necessarily the most attractive step, the action most likely to be successful is to delay the date you retire. A three year delay can mean up to a third more available to you after you retire.
Many people seek to retire at age 62 but can't actually afford to retire so young. While not necessarily the most attractive step, the action most likely to be successful is to delay the date you retire. A three year delay can mean up to a third more available to you after you retire.
retirement plan fees
Paying attention to the investment fees in your retirement plan can help boost your savings.
Paying attention to the investment fees in your retirement plan can help boost your savings.
Last Minute Retirement Plans
Even late starters to retirement planning have options. Whether by taking advantage of the 401(k) and IRA catch-up provisions or by strategically delaying your retirement date, you can still achieve a comfortable retirement via solid last-minute planning.
Even late starters to retirement planning have options. Whether by taking advantage of the 401(k) and IRA catch-up provisions or by strategically delaying your retirement date, you can still achieve a comfortable retirement via solid last-minute planning.
Tax Deductions Help You Save
Learn about how to save for retirement and save on your taxes at the same time.
Learn about how to save for retirement and save on your taxes at the same time.
what_is_a_rollover_ira
A definition of a rollover IRA, including the types of accounts that can be transferred and at what amount, and where rollover IRAs can set set up.
A definition of a rollover IRA, including the types of accounts that can be transferred and at what amount, and where rollover IRAs can set set up.
Retirement Planning & Your 20s
Retirement Planning in your twenties is a great time to begin. Maximizing your 401K match and paying off your debt are key financial planning objectives during the decade
Retirement Planning in your twenties is a great time to begin. Maximizing your 401K match and paying off your debt are key financial planning objectives during the decade
Subject to the Estate Tax?
Despite all the changes in the estate tax, the method for calculating the value of your estate has remained consistent. Do you know that many accounts that are not subject to income tax might be subject to estate tax?
Despite all the changes in the estate tax, the method for calculating the value of your estate has remained consistent. Do you know that many accounts that are not subject to income tax might be subject to estate tax?
A Holiday From RMDs in 2009
Required minimum distributions (RMDs) were suspended for 2009. However, those turning 70 1/2 during 2008 must still take their first distribution by April 1, 2009. Learn the occasionally counter-intuitive effects of this quickly-passed legislation.
Required minimum distributions (RMDs) were suspended for 2009. However, those turning 70 1/2 during 2008 must still take their first distribution by April 1, 2009. Learn the occasionally counter-intuitive effects of this quickly-passed legislation.
Mutual funds vs. ETFs
There are many ways to invest your retirement savings. Mutual funds and exchange traded funds are important investment vehicles for your retirement. Find out which one is right for you.
There are many ways to invest your retirement savings. Mutual funds and exchange traded funds are important investment vehicles for your retirement. Find out which one is right for you.
are_you_eligible_to_contribute
An overview of 401k eligibility including time limits on delaying eligibility, as well as age requirement and monetary limitations.
An overview of 401k eligibility including time limits on delaying eligibility, as well as age requirement and monetary limitations.
social_security_and_retirement
Social Security income should be a crucial component of any investor's retirement planning.
Social Security income should be a crucial component of any investor's retirement planning.
Deadline to contribute Roth IRA
What is the deadline to contribute to a Roth IRA? You can contribute anytime, but there are limitations based on the calendar year.
What is the deadline to contribute to a Roth IRA? You can contribute anytime, but there are limitations based on the calendar year.
Top Step 1: Evaluate Net Worth
Evaluate your net worth is the first article in the Top Steps Before You Retire series. Before quitting your job, gaining an understanding of your existing assets and liabilities is critical. While you should also consider your anticipated income and expenses in retirement, it’s best to evaluate what you own and what you owe first, since life’s unpredictability, not to mention the potential sudden need for cash, extends into your non-working years.
Evaluate your net worth is the first article in the Top Steps Before You Retire series. Before quitting your job, gaining an understanding of your existing assets and liabilities is critical. While you should also consider your anticipated income and expenses in retirement, it’s best to evaluate what you own and what you owe first, since life’s unpredictability, not to mention the potential sudden need for cash, extends into your non-working years.
Contribute to Both IRAs
Some individuals can maximize their IRA savings by contributing to both Regular IRA and Roth IRA plans. Find out if you qualify.
Some individuals can maximize their IRA savings by contributing to both Regular IRA and Roth IRA plans. Find out if you qualify.
How are Financial Advisors Paid
Financial advisors can be paid in different ways. Make sure you understand each type of compensation and choose the right advisor for you.
Financial advisors can be paid in different ways. Make sure you understand each type of compensation and choose the right advisor for you.
what_is_a_contribution
A definition of contribution percentage and how to convert that into an appropriate savings goal, taking employer contributions (or match) into consideration.
A definition of contribution percentage and how to convert that into an appropriate savings goal, taking employer contributions (or match) into consideration.
features_of_lifecycle_target
A definition of lifecycle funds, also known as target date or target retirement funds, that includes both the benefits as well as the drawbacks of such investments.
A definition of lifecycle funds, also known as target date or target retirement funds, that includes both the benefits as well as the drawbacks of such investments.
2010 401K Contribution Limits
Benefit from the 2010 401(k) contribution limits by taking maximum advantage of this powerful tax-deferred retirement plan.
Benefit from the 2010 401(k) contribution limits by taking maximum advantage of this powerful tax-deferred retirement plan.
who_can_contribute_to_a_roth
Guidelines for contributing to a Roth IRA.
Guidelines for contributing to a Roth IRA.
Am I eligible for Medicare?
Find out when your eligibility for Medicare begins.
Find out when your eligibility for Medicare begins.
2011 401k Contribution Limits
The 2011 401(k) contribution limits have been announced. Find out how much you can contribute.
The 2011 401(k) contribution limits have been announced. Find out how much you can contribute.
Revocable Living Trust
While it's important to have a will, a revocable living trust is often more meaningful in assuring that your affairs go smoothly and as you planned after you pass on. Learn about the advantages of a revocable living trust.
While it's important to have a will, a revocable living trust is often more meaningful in assuring that your affairs go smoothly and as you planned after you pass on. Learn about the advantages of a revocable living trust.
How Tax Deductions Work
Learn how a tax deduction plan can lower your current taxes.
Learn how a tax deduction plan can lower your current taxes.
Roth IRA Conversions in 2010
Roth IRA conversions are available for all taxpayers, beginning January 1, 2010. Previously, those with modified adjusted gross income exceeding $100,000 or who were married but filed separately were not allowed to convert. Learn the implications of the removal of the income cap.
Roth IRA conversions are available for all taxpayers, beginning January 1, 2010. Previously, those with modified adjusted gross income exceeding $100,000 or who were married but filed separately were not allowed to convert. Learn the implications of the removal of the income cap.
certificates_of_deposit_cds
An overview of CDs and their place in planning for retirement, their advantages and disadvantages.
An overview of CDs and their place in planning for retirement, their advantages and disadvantages.
cliff_vesting_schedules_and
A cliff vesting schedule refers to a way of determining when workers gain permanent ownership over their employer's matching contributions to their retirement plans.
A cliff vesting schedule refers to a way of determining when workers gain permanent ownership over their employer's matching contributions to their retirement plans.
Top Step 2: Evaluate Cash Flow
Evaluate Your Projected Retirement Cash-Flow is the second article in the Top Steps Before You Retire series. Before you quit your job, gaining an understanding of your projected income and expenses is crucial. While you should also consider your net worth, learning how your income and expenses will change (i.e., how much of a decrease in each) in retirement will help you prepare for your new reality.
Evaluate Your Projected Retirement Cash-Flow is the second article in the Top Steps Before You Retire series. Before you quit your job, gaining an understanding of your projected income and expenses is crucial. While you should also consider your net worth, learning how your income and expenses will change (i.e., how much of a decrease in each) in retirement will help you prepare for your new reality.
before_you_sell_high_buy_low
A definition of dollar cost averaging that discusses the risks and rewards, and explains how 401(k), 403(b) and IRA retirement plans factor in.
A definition of dollar cost averaging that discusses the risks and rewards, and explains how 401(k), 403(b) and IRA retirement plans factor in.
Top Steps
Think you are ready to retire? Make sure you have considered these five important top steps.
Think you are ready to retire? Make sure you have considered these five important top steps.
Simple IRA Rollovers
Despite its name, the Simple IRA does not provide for a simple rollover. Make sure you know what you need to do if you decide to rollover your Simple IRA.
Despite its name, the Simple IRA does not provide for a simple rollover. Make sure you know what you need to do if you decide to rollover your Simple IRA.
rebalancing_your_investments
A definition of investment rebalancing that includes how to set a proportion, its benefits, and how it can be used in conjunction with dollar cost averaging (DCA).
A definition of investment rebalancing that includes how to set a proportion, its benefits, and how it can be used in conjunction with dollar cost averaging (DCA).
The Saver's Credit
An often overlooked tax credit, the Retirement Saver's Credit could help you save for retirement with help from the government. Are you eligible?
An often overlooked tax credit, the Retirement Saver's Credit could help you save for retirement with help from the government. Are you eligible?
Stock Investing for Retirement
Learn the basics of investing in stocks for retirement.
Learn the basics of investing in stocks for retirement.
How to Save for Retirement
To save for retirement, learn and follow these four simple steps.
To save for retirement, learn and follow these four simple steps.
IRA Step 3: Open an IRA
Ready to open an IRA but not sure where to begin? Learn how to complete the few easy steps required to grow your retirement account.
Ready to open an IRA but not sure where to begin? Learn how to complete the few easy steps required to grow your retirement account.
Roth IRA or Regular IRA
Wondering how to decide which retirement account to use? The selection of a Roth IRA or regular IRA is an important decision affected by several factors. A regular IRA is a tax-deferred account, meaning that your account is not subject to tax until you withdraw funds, ideally in retirement. Furthermore, a contribution to a regular IRA is tax-deductible, subject to certain income limitations.
Wondering how to decide which retirement account to use? The selection of a Roth IRA or regular IRA is an important decision affected by several factors. A regular IRA is a tax-deferred account, meaning that your account is not subject to tax until you withdraw funds, ideally in retirement. Furthermore, a contribution to a regular IRA is tax-deductible, subject to certain income limitations.
Can I withdraw from my IRA?
Yes, you can withdrawal money from your IRA before you retire, but there can be restrictions and penalties.
Yes, you can withdrawal money from your IRA before you retire, but there can be restrictions and penalties.
Safe Investing for Retirement
Safe investing through cash, cash equivalents, and fixed income is increasingly important as you get close to or enter retirement. Still, the advantages of greater security from safe investing are somewhat offset but the greater risk inflation presents.
Safe investing through cash, cash equivalents, and fixed income is increasingly important as you get close to or enter retirement. Still, the advantages of greater security from safe investing are somewhat offset but the greater risk inflation presents.
definition_of_a_spousal_ira
Definition and benefits of a spousal IRA.
Definition and benefits of a spousal IRA.
401(k) Plan
Definition of 401(k) retirement plan
Definition of 401(k) retirement plan
Contribution to a Roth IRA?
How much can you contribute to your Roth IRA? The answer is here.
How much can you contribute to your Roth IRA? The answer is here.
Target Date Fund
Definition of Target Date Fund
Definition of Target Date Fund
qualified_retirement_plan
Explanation of qualified retirement plans.
Explanation of qualified retirement plans.
Advantages of Savings Accounts
Savings accounts may not be as popular as they once were, but can be a great emergency fund.
Savings accounts may not be as popular as they once were, but can be a great emergency fund.
women_and_retirement_planning
Women planning for retirement can face special challenges. Here is how women in retirement planning can improve their benefits despite other obligations.
Women planning for retirement can face special challenges. Here is how women in retirement planning can improve their benefits despite other obligations.
Life Annuity Payment Option
Definition of life annuity payment option
Definition of life annuity payment option
can_you_count_on_social_security
Americans have been counting on Social Security programs since the 1930s, but of late there is increasing uncertainty surrounding its future. Given the looming prospect of insolvency around 2040 and a history of political tinkering with the program, should you count on Social Security to help fund your retirement?
Americans have been counting on Social Security programs since the 1930s, but of late there is increasing uncertainty surrounding its future. Given the looming prospect of insolvency around 2040 and a history of political tinkering with the program, should you count on Social Security to help fund your retirement?
your_risk_tolerance_and_your
An overview of risk tolerance and investing for retirement.
An overview of risk tolerance and investing for retirement.
How Tax Free Plans Work
Learn how a tax free plan can lower your future taxes, potentially significantly.
Learn how a tax free plan can lower your future taxes, potentially significantly.
Long Term Care Insurance
Long term care insurance is an important consideration for anyone approaching or already in retirement? What is your plan for possible long term care? Does insurance play a role? Should it?
Long term care insurance is an important consideration for anyone approaching or already in retirement? What is your plan for possible long term care? Does insurance play a role? Should it?
profit-sharing_plan_definition
Description and definition of profit sharing plans.
Description and definition of profit sharing plans.
bond_investing_for_retirement
An overview of bonds for investing for retirement, including types of bonds and the advantages and disadvantages of investing in bonds.
An overview of bonds for investing for retirement, including types of bonds and the advantages and disadvantages of investing in bonds.