Is 62 your lucky number? If you’re eligible, that’s the earliest age you can start receiving Social Security retirement benefits.
There are several reasons, aside from tax deferral, that may make a deferred annuity a sound funding choice for your IRA.
If you’re lucky enough to work for an employer who offers this option, Roth contributions could play an important role in helping enhance your retirement income.
In general, a rollover is the movement of funds from one retirement savings vehicle to another. There are two possible ways that retirement funds can be rolled over—the 60-day rollover and the trustee-to-trustee transfer.
An individual retirement arrangement (IRA) is a personal retirement savings plan that offers specific tax benefits. In fact, IRAs are one of the most powerful retirement savings tools available to you.
You’ve worked hard your whole life anticipating the day you could finally retire. Well, that day has arrived! But with it comes the realization that you’ll need to carefully manage your assets so that your retirement savings will last.
The fact is, there’s nothing complicated about common investing techniques, and it usually doesn’t take much time to understand the basics. One of the biggest risks you face is not educating yourself about which investments may be able to help you pursue your financial goals and how to approach the investing process.
Setting goals for retirement is an important part of retirement investing. For example, do you want to retire early? Would you like to travel during retirement? Do you plan on working post-retirement?
Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic rules can help you make smarter choices regardless of whether you have some investing experience or are just getting started.
Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached.