Retirement
Inherited IRA Rules That Can Surprise And Trap Heirs
Congress and the IRS made inheriting an IRA a very complicated, confusing event. Inherited IRAs are accompanied by a host of little-known rules that are…
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The Election Can Affect Taxes, Social Security, And Your Retirement
You may have heard that there’s an election coming up. And maybe you’re planning your own event – your retirement.…
When Does It Become Unsafe For Your Aging Parent To Live Alone?
Our elders love their independence, for the most part. Perhaps over time, their chronic health conditions start to erode their…
If Medicare Covers Cataract Surgery, Why Are There Bills?
The daughter of a client called me because she was concerned about how much her mother paid for cataract surgery.…
New Report Reveals Ever Increasing Risk Of Elder Financial Fraud
The subject of financial exploitation of elders in our country has been on law enforcement radar for decades. Significant public…
Escaping The Sunk Cost Trap: How Behavioral Economics Can Improve Your Daily Decisions
Sunk cost, opportunity cost, and the endowment effect. You may expect these textbook-weight words to show up in the classroom.…
Successful Aging Means Asking The Right Questions
The author suggests that when it comes to retirement decisions, we may not be asking the right questions. As the…
Spotlight On Solo Agers For Older Americans Month
When Older Americans Month (May) was established in 1963, only 17 million Americans had celebrated their 65th birthday. Today over…
A Report From The Last Frontier, Part II
In my first report from Alaska, I focused on the policy discussions in the state regarding retirement issues. Today, I’m…
Forget To File Your Taxes? You Might Hear From The IRS
The IRS is mailing compliance letters, known as CP59 notices, “on more than 125,000 cases where tax returns haven’t been…
Good Debt Versus Bad Debt And Ways You Can Benefit From Inflation
With inflation remaining aggravatingly high, it’s easy to assume this works against you in all parts of life. But there…
Capture The New Tax Breaks On Home Improvements
The Inflation Reduction Act of 2022 provides substantial tax breaks for homeowners who navigate the rules. Most of the breaks…
How To Use The BAT Success Triangle To Master Money And Life
Behavior, attitude, technique. If you think about these three components in any pursuit, which is the most important? For example,…
13 Exciting Places Where You Can Live For $1,500 (Or Less) A Month
Living in the United States is not cheap—especially as prices continue to soar, from groceries to transportation to housing. According…
Plan Ahead To Prevent The Retired Widow’s Money Crunch
When a spouse or life partner dies, it’s only natural that the survivor will be grieving and lonely. To add…
Workers Need Both Retirement Savings (RSAA) And Social Security
Nearly everyone agrees we have a retirement income crisis, and ordinary workers don’t have much hope of retiring and maintaining…
Key Investor Lessons From The New Department Of Labor Fiduciary Rule
The Department of Labor (DOL) has recently introduced a pivotal update to what constitutes investments advice under ERISA, more commonly…
What Does It Take To Maintain Aging Parents’ Independence?
Aging takes its toll, even among the healthiest elders. We love our self-sufficiency. We don’t want to give it up.…
Biden Sets New Nursing Home Staffing Rules
The Biden Administration has announced it has adopted new minimum staffing rules for nursing homes. But the regulations appear to…