Category: Retirement

When the Retirement Community Goes Bankrupt

It doesn’t happen often. But when it does, some residents risk losing everything.
If You’re Retired, or Not: 5 Changes That Will Affect Your Money in 2025

This year, older workers will have ways to save more for retirement, spend less on medicine and see other ways to improve their finances.
How Unauthorized Immigrants Help Finance Social Security Benefits

Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.
What Retirement Accounts Should I Withdraw From First?

It’s finally time to start using the money you managed to save and invest over the years. But be careful: Taxes are just one of the tricky parts.
Alicia Munnell, Founder of a Retirement Research Hub, Is Retiring

Alicia Munnell started the Boston College Center for Retirement Research in 1998. As she prepares to leave, she says fixing Social Security should be a priority now.
How Donald Trump’s Presidency Could Impact Retirement Rules

Readers had questions about individual retirement accounts, distributions and access to brokerage accounts if they moved away from the U.S. Here are some answers.
How to Stop a Late-in-Life Divorce From Ruining Your Retirement

As the number of couples who split after the age of 50 rises, more Americans are looking at a retirement that is drastically different than they had expected.
Why States Are Offering Workers at Private Companies Access to I.R.A.s

With the plans, workers are automatically enrolled and contribute through payroll deductions. The goal is to help more Americans save for retirement.
What a Trump Presidency Could Mean for Social Security Benefits

Readers are concerned that his campaign proposals would put Social Security’s finances on thinner ice, endangering their payments.
It’s Time to Shop for Medicare, and 2025 Brings Big Changes

A bumper crop of revisions, including a stronger drug benefit, means the plan you enrolled in for 2024 may not be the best fit next year.
Their Parents Are Giving Money to Scammers. They Can’t Stop Them.

One son couldn’t prevent his father from giving about $1 million in savings to con artists, including one posing as a female wrestling star. The two became estranged.
Why Boeing Workers Rejected a New Contract: Retirement Benefits

A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.