Retirement

Pension or lump sum? Compare payouts and options before you decide

About half of pension plan participants can choose to take their money in a lump sum when they retire. If you have that choice or are offered a buyout, what’s your best option?
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Not sure how much to contribute to your 401(k)? Try this.

Setting up your 401(k) contributions isn't rocket science, though it can feel that way, especially to those who aren't sure how much retirement will cost. There isn't a universal magic number, but there are a few pretty simple strategies you can use to come up with your retirement savings number right now.
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5 ways to maximize your retirement contributions

What does your ideal retirement look like? You can create the easygoing retirement of your dreams if you know how to take full advantage of the perks available within your tax-advantaged retirement plans.
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Will my retirement fund withdrawals affect my Social Security benefits?

Social Security provides a guaranteed source of income in retirement, but what many don't realize is that you're not guaranteed to keep it all. Some retirees owe taxes on their Social Security benefits, but it all depends on your income. Here's a closer look at how your retirement fund withdrawals play into all of this.
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Hands down, this is the first investment you should make

Investing can help you become a millionaire over time, even if you're starting from scratch.
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What you need to know about your retirement forecast

Is your retirement forecast rainy or sunny? Do you see a green light on your road to retirement or are you stopped by a red light? Is your projected retirement age older than you’d like?
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10 reasons to save now, so you can retire well later

Retirement will come, the question is will you be ready? The choices you make about your contributions and investments are up to you. Here is why it is essential to jump start your savings so you can retire well.
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Does my Social Security go on my tax return?

Nobody likes to pay taxes, but it's especially hard for older Americans to deal with an unexpected tax bill. Given how many people live primarily on fixed incomes from Social Security and other sources, many don't have much extra cash to pay any more than absolutely necessary to the IRS.
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The SECURE Act Key Changes and FAQs

These FAQs provide a summary of some of the changes within the SECURE Act. Several of these provisions will require interpretation from the IRS and other agencies. As with all financial matters, you should contact tax and financial professionals as it relates to your own personal circumstances.
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Uncle Sam Makes Retirement Planning, Saving Easier With 6 Key Reforms

6 Key reforms may help make retirement planning and saving a little easier.
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Why your 401(k) is more important than you think

If you are contributing to a 401(k) plan, you probably enjoy seeing those savings increase each year. When you change jobs, you may think of that money as a way to pay moving expenses and other costs connected to starting a new position. Or, you may think of the account as a way to save for a house or another large purchase, or to borrow money for your child's education.
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3 ways to make early retirement a reality

There's a burgeoning movement spearheaded by millennials called FIRE, which stands for Financial Independence, Retire Early. In numerous blogs, FIRE proponents share stories about retiring in their 30s and the ways to achieve it. Country living, simplicity, leisure, freedom -- here we come.
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Traditional IRA vs. Roth IRA vs. 401k

A key component in this plan is having the money to live an enjoyable life. But picking the right retirement plan can be confusing. In this post, we aim to simplify things and help you make a more informed choice.
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3 ways your office 401(k) gives you more money than you realize

Saving for retirement doesn't have to be a daunting task. In fact, one of experts' most-recommended retirement accounts can make saving virtually effortless.
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Should you accept an early retirement offer?

Companies seeking to reduce or refresh their staff frequently offer employees a package of incentives to encourage them to leave their jobs voluntarily, often before their customary retirement date.
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3 reasons to start saving for retirement now

If you’re decades away from retirement, you may not think it’s necessary to start saving yet as your money can be better spent elsewhere.
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