2019 IRA Contribution Deadline Has Been Extended
Making a last-minute contribution to an IRA may help you reduce your 2019 tax bill. If you qualify, your traditional IRA contribution may be tax deductible. And if you had low to moderate income and meet eligibility requirements, you may also be able to claim the Savers Credit for 2019 based on your contributions to a traditional or Roth IRA. Claiming this nonrefundable tax credit may help you reduce your tax bill and give you an incentive to save for retirement. For more information, visit irs.gov
Boomers Staying Connected
The Coronavirus crisis has affected millions, but Boomers have been hit harder in more ways than one. Staying connected is more important than ever.
The COVID Effect
The devastating impact of the coronavirus has people wondering how they are going to get through the year and what the future holds.
Social Security and Coronavirus
According to the SSA and the IRS, the monthly Social Security payments will continue as normal but there will be one change.
Older Americans Month in May
May is the national observance of Older Americans Month, but this year due to the coronavirus many older Americans will be at home.
Tips for Early Retirement
With all this attention on packing up your work-life early and jumping into a pre-age-65 retirement, let’s take a closer look at some of the facts, and some tips to get you there.
Social Security Retirement Age
Full retirement is the age you can receive 100 percent of your benefits. It used to be 65 but there has been some talk about raising the Social Security retirement age.
A Wealthy Retirement
We'd all like to have a stress-free financial future, but unfortunately, that isn’t the reality for everyone. The biggest barrier is a lack of strategic preparation for Retirement Day.
When to Retire
All of us will, at some point in our lives, stop working, and when that happens, either we will be prepared, or we will be faced with serious difficulty.
What Millennials Can Expect When They Retire
Compared to Boomers who are moving into retirement now, the first wave of Millennials who will be retiring in 2050 could be facing a much bleaker future