Retirement Archive

Recharacterization of Ira Contributions

Recharacterizing an Individual Retirement Account contribution is a financial mechanism that enables account owners to transfer money deposited into one IRA to anther type of IRA. The reasons for recharacterizations vary, but if done for …

Saving for Retirement

Populations around the world are aging, so in the future governments will be less able to support the retired. This means we should all be arranging our finances to provide for our retirement, but how …

Retirement how to Prepare

One of the problems with young people today is they are not thinking about their retirement. The people who are living on Social Security now are having a rough time paying their bills from a …

Saving Money on Groceries

Eating less meat is a good way and a healthier way to cut food cost but it also lowers the price of food. Headlines shout daily that food prices are rising and are unlikely to …

What is a self Directed Ira

IRA stands for Individual Retirement Account. It is actually a kind of retirement investment plan, but there are features that are unique to a self directed IRA plan that makes it stand out from its …

Working while Receiving Social Security

Isn’t it everybody’s goal to retire and collect Social Security checks? While that may be so, there may be some obstacles that one has to face before and after applying to receive the benefits: Choosing …

How to Prepare for Retirement

Retirement is quite a contradiction of definitions, emotions, and meanings as you go from one person to the next. In some cases, it is the classic view of an endless summer spent on a beach …

State and Local Taxation

State and local governments levy a variety of different taxes within their jurisdiction. While people still in the workforce have limited options in choosing the location of their residence once on a career path, seniors not tied to any …

Tips for Finding the best Retirement Jobs

Jobs for retirees can be in two classifications. For example, if economic conditions require it, the job seeker will need to find a full- or part-time job as a necessity. Other retirees will work because …

Retirement Savings

Conventional wisdom says that stocks, bonds, and real estate are all recovering or will recover soon and therefore are good  retirement investments and strategies. Thus most people are not worried about their retirement savings accounts. …

Early Retirement Planning Tips

Every year Congress the IRS comes out with a new set of changes to the tax law in hopes to make the system more equitable and fair. It doesn’t turn out that way, but sometimes …

Retirement Financial Tips for Women

A national study of working adults authorized by the Center for Retirement Studies uncovered that numerous adult females are not as equipped as they ought to be for retirement. Adult females, in general, are falling …

Understanding Mandatory Ira Withdrawals

Mandatory minimum distributions from traditional Individual Retirement Arrangements (IRAs) must begin by April 1 of the year after the plan’s owner reaches 70-1/2 years of age. Failure to begin taking the minimum distribution at this point …

Retirement preparation tips

Did you ever think that we all are expected to spend almost one third of our lives in retirement? That’s a significant number of years. Everybody has their own picture of retirement. For example, some …

Retirement

Your retirement income is money that you will receive after you reach the the prescribed age for receiving such income. It can also be money that you earned in the past and are now receiving …

Tips for Planning a Safe Retirement

The recession of 2008 is unlikely anything we’ve seen in close to thirty years. There’s been over a 30% drop in the stock market in the last year, the national debt is reaching new record …

Retirement

Many people who reach retirement age usually move to Florida within the United Stated of America. It might also be the last place where they live so Florida became known as “God’s waiting room” in …