E.g., 10/20/2021
E.g., 10/20/2021
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  | Investing

Staying the course through COVID-19

As the COVID-19 global pandemic continues to have a deep and wide spread impact on public health and economies the world over, we believe that a rational and conscientious perspective will go a long way in helping retirement savers weather this intense storm and remain on track. Therefore, we believe it is critical for retirement savers to stay the course and see beyond the short-term market malaise, no matter how close or far into the future their retirement date may be.
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.
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.
With the continued spread of COVID-19, there could be an increased risk of fraud attempts and cyber security threats across all industries worldwide. Cybercriminals are preying on individuals’ fears and emotions as well as our natural inclination to help – and always looking for opportunities to exploit highly visible events and uncertain times to take advantage of increased stress levels, anxiety and urgency.
  | Retirement

8 changes to Social Security in 2018

For 2018, the basic structure of Social Security is the same in terms of how workers are taxed and how benefits are calculated and paid.

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