Retirement Blog

Thursday, November 11, 2010 5:01 pm
By Jennie L. Phipps · Bankrate.com

A deficit-slashing proposal by the National Commission on Fiscal Responsibility and Reform was released yesterday. Besides the section on Social Security I wrote about previously, it included a number of other tenets that could affect retirement and retirement planning. Some of them might even have a positive effect on our personal deficits. The committee would:

» Read more
Wednesday, November 10, 2010 4:54 pm
By Jennie L. Phipps · Bankrate.com

The National Commission on Fiscal Responsibility and Reform, the bi-partisan commission charged with identifying policies to balance the budget, released its initial report today and took aim at Social Security. Obviously, this is just the beginning of the discussion. However, any possible outcome is almost certain to have both an immediate and a long-term impact on

» Read more
Tuesday, November 9, 2010 5:50 pm
By Jennie L. Phipps · Bankrate.com

Over the past two years, the floundering national economy has put many people’s retirement planning on hold. It’s hard to move forward when home prices are unstable, Social Security seems undependable and investment and interest rates show no signs of improving. I think John Kalamarides, senior vice president of retirement strategy and solutions at Prudential

» Read more
Monday, November 8, 2010 3:44 pm
By Jennie L. Phipps · Bankrate.com

If your retirement planning includes managing your own investments after you stop working, here’s some counterintuitive advice from a professor at the University of Iowa, who has been studying the investment learning curve. Yiming Qian, an associate professor of finance in the Tippie College of Business, examined the trades of 31,000 individual investors and discovered

» Read more
Sunday, November 7, 2010 10:00 am
By Jennie L. Phipps · Bankrate.com

Converting from a traditional 401(k) or 403(b) to a Roth 401(k) or 403(b) can be a very good retirement planning move if you think that you are in a lower tax bracket today than you will be when you retire. For instance, if you are unemployed and if you can afford to convert this year

» Read more
Friday, November 5, 2010 3:49 pm
By Barbara Whelehan · Bankrate.com

Half of American adults who have participated in a 401(k)-type retirement plan left their account at a previous employer, according to a new survey commissioned by ING Direct USA’s ShareBuilder. Nearly one in five leave $50,000 or more behind. “Shockingly, nearly 30 percent of these Americans fail to roll over their retirement savings into an

» Read more
Thursday, November 4, 2010 3:37 pm
By Jennie L. Phipps · Bankrate.com

The recently signed Small Business Jobs Act contains a provision that permits converting traditional 401(k) or 403(b) retirement accounts into Roth 401(k)s or 403(b)s. The bill was signed in late September and the specifics of it aren’t yet totally clear. For instance, the IRS hasn’t decided exactly which portions of your 401(k) that were contributed by your

» Read more
Wednesday, November 3, 2010 5:08 pm
By Jennie L. Phipps · Bankrate.com

Here’s some more retirement planning grist to consider if you’re dubious about the value of buying an immediate annuity to give yourself dependable retirement income. The National Retirement Risk Index, created by the Center for Retirement Research at Boston College, looked at preretirement incomes and calculated how much retirement income each household would need to

» Read more
Tuesday, November 2, 2010 4:05 pm
By Jennie L. Phipps · Bankrate.com

I wrote two days ago about a report that recommended eliminating the option to collect Social Security at age 62. The author, who is affiliated with the conservative think tank American Enterprise Institute also advocated leaving Social Security Disability as is and eliminating Social Security taxes for workers who have worked more than 35 years.

» Read more
Monday, November 1, 2010 4:39 pm
By Jennie L. Phipps · Bankrate.com

Lots of retirement planning advisers are urging people to take some of their retirement money and buy an immediate annuity with it. An immediate annuity is very different from a deferred annuity, which is a way to save money, and has had a bad rap because the fees can be astronomical. An immediate annuity works

» Read more
Page 114 of 127« First...102030...112113114115116...120...Last »