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Americans are Dying with an Average of $62,000 of Debt
According to data provided to Credit.com by credit bureau Experian, 73% of consumers had outstanding debt when they were reported as dead. Read article here… Notice: The link provided in the text above connects readers to the full content of the referenced article. The…
If Your IRA Holds an Annuity, it May Affect Your RMD
If your IRA holds an annuity, you may or may not have to include its value when figuring your RMD. Read article here… Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet…
Army Reserve Soldiers Prepare for Retirement
(Source – www.usar.army.mil) U.S. Army Reserve Soldiers should begin planning for retirement as soon as they join the service, according to Maj. Quana Wright, retirement services officer in charge for the 99th Regional Support Command Army Retirement Services Office. Read…
Bill to Help Small Business Retirement Plans
A bill that will direct the Department of Labor and the Treasury Department to allow employers and sole-proprietors participating in retirement plans administered in the same way to file a single aggregated Form 5500 was introduced in both the House…
Federal Employees Retirement System (FERS): Reduced Value
Although financial planners familiar with the federal benefits program say that in a society where pension plans have become a thing of the past, federal and postal workers will be among the nation’s best-off seniors; however, Mike Causey of Mike…
Social Security Benefits and Taxes: What your Employees Should Know
Depending on the amount of their taxable income for the year, about forty percent of people receiving Social Security benefits must pay taxes on some of these benefits. Read article here… Notice: The link provided in the text above connects readers to…
Beware Your Social Security Number May Have Been Exposed
The Maine Department of Labor’s computer system had an indirect role in exposing thousands of Mainers’ Social Security numbers to a computer hack. Although the department’s computer system was not breached, its age and lack of compatibility with modern systems…
The Gap Between Expecting to and Actual Retirement Age
According to the 2017 Retirement Confidence Survey (RCS) from the Employee Benefit Research Institute (EBRI), there is a big gap between when active workers expect to retire and when retirees say they actually did. Read article here… Notice: The link provided…
Tax Tips for Retirees
Until the men and women in Washington who write the tax law deliver on their promise to cut taxes, you’re stuck with the rules as they stand now. The linked article gives some ideas on trimming your tax tab. Read…
Saving For Retirement While Working in the Gig Economy
According to a new survey from Small Business Majority, four in ten self-employed workers do not have a retirement account. Read article here… Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet…