Claiming Social Security Early and Planning to Work? Don't Let This Lesser-Known Rule Cost You Money.
Social Security uses the national average wage index (NAWI) to determine how much to increase the annual limits each year. If ...
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401(k) Plan: How much you can withdraw early without a fee
Unexpected expenses can catch anyone off guard, and if your emergency fund is running low, you might consider tapping into ...
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54 Year Old Retiree With A $4 Million 401(K) Doesn't Know What To Do
When you are 54 and you are retired with millions, you are in a position that’s different from where many Americans find ...
Don't Let These 3 Retirement-Related Taxes Catch You Off Guard This Year
Retirees receiving pension payments will also have to pay ordinary income tax. How much you'll owe depends in part on the tax ...
10 Tax Breaks for People Over 50
Once you turn 50, and especially after age 65, you may qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more before they have to file a tax return.
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Traditional IRA Withdrawal Rules Made Simple
Depending on your age and other factors, you might face a penalty if you tap into your IRA early. Find out when early ...