Annie S

119 Flips | 2 Magazines | 3 Likes | 5 Followers | @AnnieMari3 | Keep up with Annie S on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Annie S”

What Congress is doing to boost your retirement savings

This article is reprinted by permission from NextAvenue.org.<p>All of sudden, there’s a flurry of activity in the Capitol to help Americans save for …

Retirement

Break Out Of Annuity Prison

An immediate annuity gives you a steady income for a set number of years. Some even pay you for as long as you live. But, generally the deal is that …

Retirement

Maximize Social Security Benefits for Surviving Spouses

Strategies for getting the most money by timing your claims.<p>Many retirees know that spouses can coordinate their claims to boost their total benefit …

Retirement

This Is What Life Without Retirement Savings Looks Like

Many seniors are stuck with lives of never-ending work—a fate that could befall millions in the coming decades.<p>CORONA, Calif.—Roberta Gordon never thought she’d still be alive at age 76. She definitely didn’t think she’d still be working. But every Saturday, she goes down to the local grocery store …

Retirement

Protecting Your Social Security Benefits From ID Thieves

Social Security benefits are becoming a favorite target of identity thieves, and that’s going to continue as the Baby Boomers age . You’re a potential victim whether or not you’re already receiving benefits.<p>After thieves obtain your Social Security number and other personal information, if you …

10 Surprising (or Surprisingly Common) Estate Planning Mistakes

When it comes to wills, as a financial planner, I’ve seen a lot of sad, unfortunate or just plain weird things happen over the years. Poor estate …

9 Ways To Pay For Long-Term Care Without Buying Insurance

<b>By Kerri Fivecoat-Campbell, Next Avenue Contributor</b><p>When H. Frances Reaves, of Miami, had to place her parents in long-term care facilities in 2014 and 2015, she thought it would be a relative easy, at least financially. After all, her parents had bought long-term care insurance decades earlier.<p>But …

How Much Can You Contribute to a Health Savings Account?

Even if you have a qualified health insurance policy only for a few months out of the year, you can still make a tax-deductible contribution to a …

Retirement

What You Don't Know About Crypto Taxes Can Hurt You

<i>Steve Latham is the chairman of Claritas, a</i> <i>new venture that provides consolidated views of crypto holdings, gains and losses.</i><p><i>The following article is</i> …

Cryptocurrency

Top 15 questions people are asking this tax season

The tax deadline is around the corner, so it’s natural for questions to arise as people prepare to file. Most of us aren’t tax professionals, so there is a lot of confusion around this time of year. We’re here to help — here are the answers to some of the top questions people ask around tax</b> …

How to Make Money in Retirement: 14 Real and Really Easy Ways to Boost Income

Regardless of where you are in life, it’s always nice to make some extra money. And that is especially true in retirement. But, how to make money in …

Personal Finance

3 ways to get your taxes done free

This article is reprinted by permission from NerdWallet.<p>The cost of tax preparation can definitely put a dent in your wallet, but there are lots of …

Retirement

Tax preparation: 10 steps you can take to adapt to the new tax law

With the recent passing of the Tax Cuts and Jobs Act, many Americans are wondering how their finances will be affected. That’s a fair question, since a tax overhaul of this size and scope hasn’t happened since the 1980s.<p>News reports have come out since the signing of the bill detailing how some …

Personal Finance

Here are 18 frequently asked 401(k) questions

Here are some of the most commonly misunderstood things about the most common type of workplace retirement plan.<p>Does your 401(k) seem confusing?<p>Do you have questions about how to invest your contributions, when you can withdraw your money, or how much you should be putting in?<p>You're not alone. …

Retirement

Why a Top 10 List of Annuity Companies is Not a Place to Start

To find the annuity that's right for you, start by asking yourself a series of "what if" questions.<p>Everywhere you turn this time of year you will see …

Retirement

How to prepare financially for being a widow/widower

Among the risks that married couples face in retirement, this one is unavoidable. It’s the risk of becoming a widow or widower. And that risk comes with some dramatic consequences, according to a Society of Actuaries report, "Managing Post-Retirement Risks: A Guide to Retirement Planning."<p>According …

Retirement

Confused? 10 Social Security terms you need to understand

Confused about Social Security? Here are some key catchphrases you'll hear associated with this crucial program.<p>Social Security serves as a key source of income for countless retirees and disabled individuals.<p>It's also an extremely complex program loaded with rules and terminology. If you're …

Retirement

How Long $1 Million Will Last in Retirement in Every State

Anywhere between 12 and 26 years, depending on the state.<p>10,000 people turn 65 in the U.S. every single day. The average American retirement age is …

20 retirement stats that will blow you away

These facts and figures will likely impress you -- or depress you. See how far your retirement savings might take you and how you can beef up your nest egg.<p><i>"Retirement is like a long vacation in Las Vegas. The goal is to enjoy it the fullest, but not so fully that you run out of money."</i> -- Jonathan …

Retirement

Here Are the New 401(k) and IRA Contribution Limits for 2018

Employees can now contribute $500 more to their 401(k)s<p>Workers can stash away $500 more in their 401(k)s next year.<p>The IRS announced Thursday that it …

Forget the white picket fence, is this today's American Dream?

Economic uncertainty has many Americans feeling increasingly unstable about their financial future, which includes retirement.<p>According to a new survey, despite the seemingly healthy job market and recent record runs on Wall Street, 60% of Americans believe we are on the brink of a financial crisis …

Here’s how much you should have saved by 45

When it comes to saving for the future, Americans are lagging way behind.<p>The median amount of retirement savings for working-age families in the U.S., those ages 32 to 61, is just $5,000. About a third, or 35%, of all adults in the U.S. have only several hundred dollars in their savings accounts …

Retirement

How to Protect Elderly Loved Ones From Financial Scams

Losses from elder fraud cases cost more than $36 billion each year.<p>When I was a child, my grandmother often watched me while my parents were away. …

What to Do After Inheriting an IRA

Heirs must begin taking withdrawals once they inherit an IRA, but how they choose to make those distributions can have a big impact on their account …

Disaster Planning: 5 Things to Put in Your Financial Emergency Kit

When a natural disaster strikes, having these five things on hand could save you a lot of time, money, and peace of mind.<p>Hurricane Harvey's …

Retirement

The Five Most Important Years for Your Financial Life

To secure your retirement, make the proper moves at a few key moments.<p>When you’re saving and investing for retirement, you can make a lot of progress …