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Retirement News

The Motley Fool's most recent retirement and social security news coverage.

Articles — Page 323

Senior woman looking out over water -- GettyImages-1316488076
Dec 13, 2023 by Chuck Saletta
Prepare for Higher Taxes in 2024 if Your Spouse Passed Away This Year
Seniors who find themselves suddenly single may also soon find themselves paying higher taxes on lower income levels.
Smiling senior couple out hiking
Dec 13, 2023 by Kailey Hagen, CFP
These Are the 3 Most Popular Ages to Claim Social Security
Is one of these the right claiming age for you?
woman 20s laptop serious GettyImages-1386479205
Dec 13, 2023 by Maurie Backman
3 Retirement Savings Mistakes You Might Sorely Regret
These blunders could really cost you.
older woman laptop GettyImages-1152601629
Dec 13, 2023 by Maurie Backman
Claiming Social Security Early in 2024? Keep This Important Number in Mind
If you're going to get benefits early, you'll need to know the rules.
man in wheelchair, calculating investments
Dec 13, 2023 by Marc Rapport
1 Excellent Retirement Savings Account You'll Wish You Had Opened Sooner
Why a Roth can be the right choice for you, and the earlier the better.
Older man laptop covering face GettyImages-1365842361 (1)
Dec 13, 2023 by Maurie Backman
Want to Un-Retire? Don't Assume Your Plan Will Go Off Without a Hitch
It's not totally unusual to want to reverse a retirement decision. But you might have trouble bringing that idea to life.
Money 7
Dec 13, 2023 by Trevor Jennewine
Here's the Average Social Security Benefit for Retirees by State
Retired workers in certain states get more benefit income from Social Security.
401k  nest egg -- GettyImages-91509203
Dec 12, 2023 by Chuck Saletta
Time Is Running Out: Contribute to Your 401(k) by the End of This Year
The sooner you start making regular investments, the larger your nest egg may very well end up.
retired couple on patio happy
Dec 12, 2023 by Kailey Hagen, CFP
Relax, There's No Wrong Age to Claim Social Security
But some ages will suit you better than others.
Smiling seniors sitting by a pool
Dec 12, 2023 by Kailey Hagen, CFP
Here's the Maximum Social Security Benefit in 2024
Seniors who check three key boxes will be rolling in cash next year.
Senior woman worried holding eyeglasses GettyImages-1162818693
Dec 12, 2023 by Maurie Backman
28% of Americans Think They'll Be Stuck Having to Live Frugally in Retirement. But One Simple Change Could Give You More Spending Power
Don't love the idea of having to scale back in retirement? There may be an easy solution.
Social Security cards 6_GettyImages-184127461
Dec 12, 2023 by Maurie Backman
Sorry to Say: Claiming Social Security at 62 Could Leave Your Retirement Lacking. Here's Why.
Think twice before claiming your benefits as early as possible.
Woman 30s at laptop GettyImages-1319103423
Dec 12, 2023 by Maurie Backman
3 401(k) Moves You'll Want to Make Before the End of the Year
Check these off your list sooner rather than later.
st-louis-arch getty
Dec 12, 2023 by Dan Caplinger
2023 Is the Last Year These 2 States Will Tax Social Security
Find out whether you'll save on your tax bill come 2024.
Required Minimum Distributions -- GettyImages-1203706441
Dec 11, 2023 by Chuck Saletta
Don't Forget to Take Your Required Minimum Distribution Before the End of the Year
If you want to avoid a massive 25% penalty for failing to take your distribution, you need to take action quickly.
Stressed investor sitting at desk with hand on head
Dec 11, 2023 by Kailey Hagen, CFP
The Unfortunate Truth About Maxing Out Your 401(k)
You might want to read this before you defer any more of your paychecks.
Social Security 8
Dec 11, 2023 by Trevor Jennewine
Paying Taxes on Social Security Benefits: What Retirees Must Know Before 2024
Social Security benefits can be taxed at the federal and state levels, but state-specific tax laws vary widely.
Man middle aged at laptop GettyImages-656287813
Dec 11, 2023 by Maurie Backman
Employers Are Increasingly Offering This 401(k) Option. You May Want to Take Advantage of It.
Make sure to get the most benefit out of your employer retirement plan.
retired couple reviewing finances on a laptop
Dec 11, 2023 by James Brumley
Want the Max $4,873 Social Security Benefit in 2024? Here's the Salary You Need
Don't sweat it if your annual wages fall short of the minimum amount required. There are still ways to fund a wonderful retirement.
Woman 30s laptop GettyImages-79337363
Dec 11, 2023 by Maurie Backman
Have Remaining HSA Funds From 2023? Here's What to Do With Them.
Read this before you rush to spend your money.
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