EXPLAINED: 16 | Vintage Vibes

Your Big IRA Could Become a Big Tax Problem for You, Your Spouse and Your Heirs

If you start optimizing your taxes now, you can head off the inevitable tax consequences waiting for you when RMDs kick in — and when your family inherits.

Kiplinger · Aug 22

How to Coordinate Claiming Social Security With Your Tax Bracket

Rather than claiming Social Security based on when you need the money, view your timing as a tax-planning tool that can help you lower your lifetime tax bill.

Kiplinger · Aug 22

Social Security Claiming Strategies Have Changed — Here’s What Still Works

If your Social Security strategy came from a retirement book published 10 or 15 years ago, there is a real possibility that part of it...

Saving Advice · Aug 21

Treasury's New Rule Could Strip Tax Refunds From DACA, TPS Holders and Other Legal Immigrants

A new Treasury and IRS rule would block DACA recipients, TPS holders and other lawful immigrants from refunda,ble tax credit refunds.

Latin Times · Aug 21

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 rest of your life, because a retirement portfolio needs a job description, not just a…

The Free Financial Advisor · Aug 21

In Our World of AI, This Is How Advisers Can Help the 'Confidently Wrong' Client

Financial advisers shouldn't fear being replaced by AI. Instead, embrace the role of a trusted guide who helps clients apply information they get from AI tools.

Kiplinger · Aug 21

Baby boomers look richer than ever—but many are retiring with record levels of debt

Decades of home-price gains made older Americans wealthy on paper. Debt and rising costs are making that wealth harder to live on

Fortune · Aug 21

How to Manage Domestic Help Professionally So Your Household Stops Running on Daily Stress

The Real Cost of Running a Vague HouseholdThe average Indian middle-class home employs between one and three domestic workers, a cook, a bai for cleaning, sometimes a driver or a nanny. Most of these arrangements are entirely verbal, with no written terms, no defined scope of work, and no agreed…

Times Life · Aug 21

Can an Old Student Loan Really Reduce Your Social Security Check? Here’s What Older Borrowers Should Know

A student loan you stopped thinking about years ago can potentially follow you all the way into retirement. Federal law allows the government to collect...

Saving Advice · Aug 20

You’re Named as Someone’s Power of Attorney — 8 Things to Know Before You Ever Use It

Being named in someone’s power of attorney can sound straightforward: if they ever need financial help, you step in and handle things. In reality, signing...

Saving Advice · Aug 20