Key Points Waiting until age 70 to claim Social Security provides an 8% annual benefit increase from full retirement age. Two ...

The Social Security Administration (SSA) has recently clarified the essential requirements for accessing retirement benefits in the United States. While reaching the minimum retirement age of 62 is a ...

The two main factors that affect the value of your federal retirement benefit are your high-three average salary and your ...

Millions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Savers Credit can reduce federal taxes by up to 50 percent. Income limits expand in 2025. Eligible workers ...

Once you reach a certain age, you are required to start withdrawing money from certain retirement accounts. This is known as required minimum distributions, or RMDs, and is an important concept for ...

A common decision that many individuals face when contributing to their retirement accounts is whether to contribute using a traditional or Roth account. The SECURE 2.0 Act redefined saving for ...

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

If you were born before 1952 and have traditional investment plans, there are some important withdrawal requirements you need to meet or else you may have to deal with penalties. New 'People We Meet ...