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

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

Imagine that you have $900,000 in a Roth IRA and collect another $2,200 per month in Social Security. Can you afford to ...

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

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

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

One of the big keys to ensuring you're saving enough is setting a specific numeric goal, and then mathematically working your ...

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 ...

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 ...

Trump Social Security tax plan could bring relief to many middle-class retirees, but it also raises serious questions about long-term financial security. With a proposal to eliminate federal taxes on ...

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

Finance expert Dave Ramsey, in his book ''Dave Ramsey's Complete Guide to Money', sends a blunt message on 401(k)s, IRAs.