Considering a hardship withdrawal from your retirement account? Learn crucial steps to take first, including exploring other financial options, understanding plan rules, and navigating tax implications. Expert advice from Jeffrey Levine helps you make the best of a tough situation.
5 Ways to Own Real Estate in Your Retirement Accounts
5 Ways to Own Real Estate in Retirement Accounts: There are several options to own real estate within retirement accounts, according to Marco Rimassa, the president of CFE Financial.
Retirement Worries Are Affecting the Mental Health of Workers
Financial stress, particularly regarding retirement, is impacting the mental health of American workers, a concern highlighted in a Telus Health report.
How to Save $1 Million for Retirement
n this episode of “Your World on Money”, Andini Makosinski explores the history of retirement and some of the best strategies you can use to secure your own. Initiating the process may seem daunting, but by understanding the nuances of investment vehicles such as 401(k) plans and IRAs, and harnessing the power of compound interest, the prospect of a comfortable retirement becomes achievable.
New Developments in the Retirement Landscape
New Developments in the Retirement Landscape: Recent discussions in the financial world have highlighted some pivotal changes made by the IRS in the realm of retirement contributions. In this episode of Ask The Hammer, Jeffrey Levine of Buckingham and Robert Powell, editor of Retirement Daily on TheStreet, dicsuss these changes and their implications for high-income wage earners. Here are the major takeaways:
5 Risks to Retirement Security
The Natixis Investment Managers’ Global Retirement Index (GRI) has brought good news for retirees around the world, including the US.
How Lower-Income Workers Can Save For Retirement
How Lower-Income Workers Can Save For Retirement: Many lower-income workers are not saving enough for retirement.
Retirement and Protected Income
Michael Larocca and Cyrus Bamji discuss a report that finds that many Americans are facing retirement without a secure income.
Retirement Planning Tips and Techniques from Trusted Experts
What is Retirement Planning? Retirement planning is the process an individual goes through to plan for their retirement years. It involves determining goals/objectives for retirement income and what’s needed to achieve those goals. Retirement planning includes […]
France’s Retirement Age Increase Could Signal Future Changes for U.S. Retirement System
France’s Retirement Age Increase Could Signal Future Changes for U.S. Retirement System: France’s increase in retirement age from 62 to 64 could have implications for the United States, as both countries are facing an aging population and increased longevity. Social Security is the primary federal program for retirees in the US, but the trust fund is projected to run a deficit in about 10 years. There has been discussion about increasing the full retirement age for Social Security beyond 67, which may place pressure on retirement savings and add stress to the lives of lower-income earners. Segal’s National Retirement Practice Leader and SVP, Jonathan Price, discusses the need for education and information about retirement planning and the role of stakeholders such as employers and the government in ensuring sustainable retirement programs for future generations.
