Thursday, August 30, 2018

This week’s retirement strategies and news


August 30    
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  A 'sell-by' date for employees? Fixing ageism and rethinking retirement in the workplace  
  Ageism is widespread and is termed "an insidious practice which has harmful effects on the health of older adults," by the World Health Organization.  
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  Personal Finance      
  Two Social Security cards partially covering a hundred dollar bill.   Connecting the dots between Social Security and IRAs in your retirement planning
Most Americans enter retirement with Social Security benefits. Many also hold significant investments in Individual Retirement Accounts. Integrating the two in your plan can be beneficial.                              
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  Golden egg with IRA written on it on top of $1 bills   Retirement tips: 8 ways to start your year-end financial planning now
Begin your planning while there’s still plenty of time to increase your retirement savings, lower your taxable income and avoid tax penalties.                              
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  Personal Finance      
  U.S. passport   Retiring overseas? Here are strategies to avoid big trouble with IRS
If you forget to check it off this box on Schedule B when you live overseas, it could mean big trouble with the IRS.                              
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  Personal Finance      
  Man holding his head and cringing   3 seemingly smart financial moves that could come back to hurt you
There are certain financial lessons we all tend to learn in life, such as the importance of saving money and staying out of debt. But sometimes, the best advice can lead us astray. We all make money-related mistakes. Here's how to avoid some common o                              
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  Personal Finance      
  Social Security card and statement   Social Security recipients could see their biggest raise in years: A Foolish Take
Over the past decade, Social Security has been pretty stingy in the cost of living adjustments it gives to retirees. But 2019 could be different.                              
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  Personal Finance      
  A credit score table denoted by one to five stars, with the five-star box being checked with chalk.   Your credit score may have just gone up. Here's why the calculation is changing
Your credit score might have gotten a boost recently. That's because the three major credit reporting companies are doing things a little differently.                              
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  Personal Finance      
  Senior man and woman on a couch looking at documents with concerned expressions.   4 ways to protect yourself from a market downturn early on in retirement
A stock market crash at the start of retirement could spell major trouble. Here's how to minimize the damage.                              
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  Personal Finance      
  You need to take the time to examine your mutual funds and where you choose to own them when dealing with a 401(k).   The worst funds for your 401(k) plan are the ones that already have tax advantages
These funds can be great for generating income, but don't make the mistake of putting them in your 401(k) plan.                              
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  Personal Finance      
  Senior couple taking a nature walk   Want a solid financial plan for retirement? Take Social Security out of the equation
Social Security comes with so many unknowns, so forgetting about it might actually do you some good.                              
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  The Day In Pictures Gallery
Joint service members of a military casket team use a stand-in for the casket of Senator John McCain to rehearse carrying the casket of into the US Capitol, where he will lie in state for one day in Washington, DC, Aug. 30, 2018. McCain died Aug. 25,

Joint service members of a military casket team use a stand-in for the casket of Senator John McCain to rehearse carrying the casket of into the US Capitol, where he will lie in state for one day in Washington, DC, Aug. 30, 2018. McCain died Aug. 25,
 
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