Along with knowing your rights under the Fair Debt Collection Practices Act, you should know your debts and credit account listings.
For those of you who believe that charity begins at home, a type of gifting takes place this time of year. It’s gifting, typically to family members, using the annual gift tax exclusion.
On the retirement income front, it may make more sense to spend retirement savings upfront to delay Social Security benefits until a point somewhere between full retirement age and age 70.
For seniors who have a defined benefit plan or pension plan, the pension payout options typically offer lump sum, single life and joint life options.
An initial 5 percent withdrawal rate from a retirement portfolio is risky; 6 percent or more is gambling.
Delayed retirement credits are earned when workers delay receiving benefits after their full retirement age up to age 70.
Long-term care insurers have moved to gender-based pricing, with women paying more than men.
The key to transitioning to retirement from working is planning. Not financial planning, per se, but life planning.
If your premiums on a long-term care policy are rising, consider your options.
Does a dividend reinvestment plan still make sense when a senior starts depending on the portfolio for retirement income?