Retirement scan

May 17, 2019 05:29 PM
Clients who consider contributing to their health savings accounts past their full retirement age are advised to rethink their plan.
2 Min Read
May 14, 2019 07:09 PM
Some seniors are missing out on a potential 20% tax deduction, and “no one is talking about what a wonderful retirement planning technique" it is, says an expert.
1 Min Read
May 08, 2019 05:36 PM
The misconceptions about Social Security are alarming. says an expert. The number of people relying on the program to be their main source of income "is scary."
1 Min Read
April 26, 2019 05:50 PM
Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.
2 Min Read
April 01, 2019 05:26 PM
There are still several moves that clients can make to reduce their 2018 tax bill.
1 Min Read
February 20, 2019 05:33 PM
Medicare will charge a high-income surcharge if seniors reported more than $85,000 (or $170,000 for joint filers) in modified adjusted gross and tax-exempt interest income.
2 Min Read
February 13, 2019 05:20 PM
It would raise enough new revenue to more than restore long-term balance of the program.
2 Min Read
February 07, 2019 08:36 PM
About 77% of people 50 and older want to stay where they are as long as possible, according to a survey. But clients who want to — or have to — move, have a number of options each with pros and cons.
2 Min Read
February 05, 2019 05:16 PM
Seniors are more likely to opt for the standard deduction, which increased under the new tax law, but those who want to maximize their deductions have several considerations.
2 Min Read
January 10, 2019 05:35 PM
Benefits are meant to replace just 40% of preretirement income, so many retirees should consider creating new income sources, such as running a small business or renting out a property.
1 Min Read