Should you stop reinvesting dividends after you retire? Not necessarily, because retirement changes what your portfolio needs to accomplish, but it does not automatically turn every dividend into … [Read More...]
The Retirement Tax Trap Married Couples Rarely Plan For: What Changes When One Spouse Dies
The death of a spouse can create a retirement tax trap that has nothing to do with a surprise tax law. The problem often starts when one household loses one income source, then discovers that the … [Read More...]
You’re 60 With $1 Million Saved — What Are the Next Five Financial Decisions?
Reaching 60 with $1 million saved sounds like the moment to crack open the champagne and retire by Tuesday. Maybe, but the bigger question now involves what that million dollars needs to do for the … [Read More...]
You Have Enough Money to Retire — But Do You Have Enough Money to Stay Retired?
A retirement account can reach a number that looks wonderfully reassuring, yet that number does not guarantee a retirement that lasts. Having enough money to retire means having enough resources to … [Read More...]
The $500,000 Question: Is It Better to Own a Paid-Off House or Have More Money Invested?
A $500,000 house with no mortgage can feel like the financial equivalent of a giant sigh of relief. … [Read More...]
Your 401(k) Has $500,000 — How Much of That Money Is Really Yours After Taxes?
A $500,000 401(k) balance can look like a giant neon sign announcing, “Retirement is going to be … [Read More...]
IRS Proposes New Restrictions on Refundable Tax Credits for Some Immigrants
The Department of the Treasury and the Internal Revenue Service have issued proposed regulations … [Read More...]
Chinese National Gets 15 Years in $92 Million Drug Money Laundering Scheme
A Chinese national has been sentenced to 15 years in federal prison and ordered to forfeit $25 … [Read More...]