Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting ...

Age 65 is a major transition for many individuals as they shift to thinking about retirement and begin to contemplate ...

If you're strategic about your retirement account withdrawals, you can potentially minimize the taxes you'll pay on your ...

To see if they'll apply to you, you have to calculate your combined income, which is the total of your adjusted gross income, ...

But don't assume you'll get to collect those monthly Social Security checks tax-free. There's a good chance you'll end up ...

An individual retirement account (IRA) is a versatile personal savings plan designed to help Americans save for retirement, ...

The average Social Security payout is currently less than $2,000 a month, and it's expected to drop even lower in years.

Provisional income between $25,000 - $34,000 for single filers, $32,000 - $44,000 for joint filers, up to 50% of Social ...

One way to add to your income when on Social Security is by also applying for Supplemental Security Income. This federal program will give you monthly payments if you have limited income and few ...

For example, say that you’re 65, are taking Social Security and have $830,000 in ... A retiree considers converting her 401(k) into a Roth IRA. A Roth conversion refers to the process of ...

There are no monthly service fees and no account minimums. To open a Roth IRA at Charles Schwab, you'll need your Social Security number, your employer's name and address, if applicable ...