Retirement Archive

Your retirement benefits are your nest egg, and ERISA is your mother hen. Without the law, shortsighted companies, who can’t seem to see beyond the next fiscal quarter, could put your hard-earned assets at risk …

The maximum income you can earn when you are 65 and on Social Security depends on when you were born. In general, if you continue to work after retirement, your earnings will not affect your …

An Individual Retirement Account (IRA) is a tax-friendly retirement savings plan. In a standard IRA, contributions are tax-deductible, but tax must be paid on all withdrawals. In a Roth IRA, designated Roth contributions are included …

The cost of retirement can be excessive, thus it is vital to maximize your savings as much as possible. Various strategies will allow you to save more for your later years. Save The first step …

Continuing to work during retirement can have a number of financial benefits for the retiree. With the extra income that’s coming in, life may be just a little less stressful. The need to stretch that …

Talking about Retirement is very interesting to me and my husband as both of us come from different countries. I am from Indonesia and my husband is from USA. We have the opposite in deciding …

A Roth Individual Retirement Account (IRA) is a tax-friendly retirement savings plan which allows designated Roth contributions to the account. Unlike standard contributions, which are pre-tax, Roth contributions are included in gross income. As a …

A 401k plan is a qualified plan established by employers to which eligible employees may make salary deferral contributions. 401k retirement plans are very popular in the United States of America. The first version of …

Anticipated withdraw rates, equities, age and life-expectancy combined can all be tips for structuring your retirement portfolio. One of the biggest problems today is people are living longer, and that means that their retirement funds …

What are the 2011 Roth IRA Income Limits?  A Roth IRA is a type of individual retirement arrangement (IRA). A taxpayer’s contributions to a Roth IRA are not tax deductable. However, income accrues tax free …

Your IRA is an important tool that you have in the quest to save for retirement. It is a savings vehicle that allows you to not only save money for your retirement, but also save …

Everyone, irrespective of the amount of money they make should set aside a fixed amount of money on a monthly basis towards their retirement. There is no substitute for saving a fixed amount every month …

How much can you contribute to an IRA in 2011 An Individual Retirement Account (IRA) is a tax-friendly retirement savings plan. In a standard IRA, contributions are tax-deductible, but tax must be paid on all …

A lot of people believe they have all the time in the world to plan for retirement, and this is undoubtedly the first and most important retirement planning mistake. Putting off thinking about, discussing, and …

If you ask any financial advisor if it is a good idea to borrow from your 401k, you will likely be hit with a flat-out “no”, followed by a whole slew of reasons why you …

It may seems as thought it’s too early to begin thinking about retirement, especially if you’ve just finished school, got married recently you’re a new parent. It’s easy to assume that retirement is for old …

Whether it be because of financial necessity or simply the desire to stay in the work force just a bit longer, you can continue to work at least part-time, and still draw on your Social …

As the daily routine of our working years grinds to a screeching halt—a halt called retirement—many people today find out the hard way that they’ve fallen for common retirement myths and failed to build up …

Are Employer Pensions Reliable? A long time ago this may have been true. But nowadays, with some businesses going bankrupt or out of business, the retirement pension funds are some times used to pay debts …

The Roth IRA is an individual retirement account that was created in 1998. It allows individuals to contribute to their financial future without having an age requirement. There are some rules for the Roth IRA …

Saving for retirement requires discipline. Saving for retirement while short on cash requires even more discipline. In this economy many are either struggling to save for retirement or have dipped into their retirement savings. Despite …

You’ve maxed out your credit cards, are upside down on your mortgage and home-equity line, and many even have out a payday loan or two.    You can’t just print your own money, right?  Oh that’s …

In 2011, you can contribute $5,000 to an IRA, or, if you are over 50, you can contribute $6,000.  Considering contributing to an IRA means that you are thinking of the future, and it opens …

A common retirement problem with folks in there late 30’s or early 40’s, is when they realize that what they thought of as a retirement account is now viewed as a college savings for their …

There are a number of different places where loans are available but some are better than other. The 401k offers you a way of borrowing against your retirement funds in the form of a loan while …

No one likes to pay taxes. A Roth Individual Retirement Account (IRA) is one of your best legal ways to avoid paying them. A Roth IRA is a tax-friendly retirement savings plan which allows designated …

In the not too distant past, many workers looked forward to the day when they no longer were expected to work for a living. Age 65 was a magic number that came with the dream …

The amount of Social Security payments that you can collect will be limited by your lifetime income.  The amount that you have earned each year is averaged over your working life, and your Social Security …

The questions: when to retire, when to sign up for Social Security and can they still earn wages while drawing Social Security, weigh heavily on the minds of many senior citizens. Some are worried that they …

Retirement is something you either look forward to or dread, especially if your investments are not performing well. Maybe you don’t want to lose the camaraderie of working with your colleagues. Whatever your reason for …