Retirement News Daily

What retirees do all day? Research showed that retirees spent less time at work, in educational activities, and caring for others like their children. They spent more time on…
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How do I open an IRA for someone else? It's easy to open an IRA on behalf of someone else. You can ask your financial advisor to take care of the paperwork, or you can visit a…
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At what age is 401k withdrawal tax free? 401(k) Withdrawal Rules for People Older than 59 Keeping pretax cash in your 401(k) also allows it to grow tax-free until you issue…
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The Social Security Administration identifies the following cases for which your Social Security benefits may be garnished: Enforcement of child, spouse, or family support…
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What are the psychological effects of retirement? These consequences include a distortion of certain identity, disability of decisions, loss of confidence, retirement…
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While we are in the daily routine of working to make a living, we often visualize life after retirement as a happy, stress-free relaxation. ... Without a plan for life after…
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Unlike Social Security, pensions are retirement plans. Their aim is to provide a benefit to their retired workers that is large enough to survive on. Of course, the benefit…
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After waiting for this stage for so long, many retirees will face a feeling of disappointment, similar to that of the bride and groom once the honeymoon is over. Retirement is…
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If you contribute more than the traditional IRA or Roth IRA contribution limit, tax laws impose a 6% excise tax annually on the excess amount for each year it remains in the IRA.…
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What will happen to my 401k if the dollar collapses? What happens to my 401k if the dollar crashes? The value of your 401k will decrease by the same percentage as the decrease…
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