As everyone is well aware, the U.S. Congress passed a major new tax law in December. One provision included increasing the estate tax exemption to $22.4 million for a couple and $11.2 million for individuals, essentially doubling the previous exemption amount....
Social Security – Decisions, Decisions
You can start Social Security retirement benefits at any age between 62 and 70, with the amount of your monthly benefit increasing the longer you wait within that window. That structure means that the average recipient would receive around the same amount over his or her lifetime no matter when that person started collecting. Of course, no individual is truly average...
Creating Your Retirement Paycheck
From the date you started your career to the final day on the job, you probably were working on an important goal: saving for retirement. You may have set up retirement accounts through your company, invested in the markets or sold a business to fund your retirement years. Whatever methods you used, once you hit retirement, it’s time to plan your income differently....
5 Things Women Need To Do For Retirement
Planning for retirement is every bit as much a concern for American working women as it is for working men, and perhaps more so. After all, women make up fifty-seven percent of women participate in the labor force, and among women with children under age 18, that figure rises to 70 percent. At the same time, women face unique retirement saving and planning challenges...