It's called the "retirement saver's tax credit," and it's a frequently overlooked credit that's available to low and moderate-income individuals and families who make saving for retirement a priority. Here's how it works.
To help you kick off 2015 on the right foot, we've come up with five small, practical changes that can make a big difference in your financial wellbeing. Give one or all of them a shot over the coming months and watch your nest egg grow.
Ashton Applewhite is an activist at the forefront of what may be one of the last civil rights struggles: the fight against ageism. Her mission, as she puts it, 'is to put ageism on the same page as racism and sexism and homophobia, as grounds on which people are discriminated against all the time.'
Your New Year's Resolution is to be better at managing your money. But that's a vague, ambiguous goal. What specific steps should you take? What does "better" look like in practice?
As a marketing professor and therefore an active researcher, I pay close attention to changes in consumption and how these changes might impact marketing strategy. Below, I outline ten observations related to consumer trends and offer questions for you to contemplate as you fine-tune your marketing strategies for 2015.
Seventeen years living overseas, first in Ireland, then France, now Panama, have taught me... 1. Patience ... the kind of patience you learn doing time.
In 2015 one of my primary wishes is that all of us will concentrate on treating other people with respect. I have just scratched the surface; I encourage you to give this entire matter some very deep consideration.
With spiraling costs compelling more and more North Americans to retire overseas, retiring abroad has never been more attractive. But finding the right location among the myriad options available can be daunting. That's what International Living's annual retirement index does.
I have been surprised to learn how common insomnia is among retirees. Forget all the advice suggesting that when you retire, you can sleep more (or longer.... or later). The practical reality is a large percentage of retirees experience insomnia or sleep difficulties.
I wrote quite a few articles this past year. Today I wanted to provide a list of my favorite posts of 2014. All of these are from my blog, The Diligen...
Many boomers are facing uncertain careers as we transition into 2015. We grew up believing in a fading myth: that if we got a good Education, and diligently pursued our Career, that we would be rewarded for our dedication with a sustaining pension for our Retirement.
It's not just basic finance, it's common sense: A large pool of money invested by professionals will yield far greater returns than small, separate accounts managed by individuals with no professional training in finance.
If 2014 was the year the youngest boomers turned 50, then 2015 will be the year for us to look ahead at the inevitable economic and cultural shifts that will kick the concept of "retirement" very far down (if not completely off) the road.
This year has been full of contradictions for Americans saving for retirement. With a nod to Betty's question and to the bearded guy up north, I have compiled my own naughty and nice list for 2014.
You've heard a lot of information about retirement planning basics: contribute regularly to tax-advantaged accounts like your 401(k) or IRA, choose the right mix of assets for your age and risk tolerance, and rebalance regularly. But you still can't help but wonder if you're missing something crucial.
Due to the upsurge in numbers of working women that began in the 1970s, waves of women are now experiencing their own retirement directly, rather than indirectly through their husbands.