A single decision could impact your income for the rest of your life. Before you make that call, here are just a few things you absolutely must consider.

You can then request a direct rollover from your old employer's plan so the funds go straight into your IRA, which keeps your savings tax-deferred and avoids penalties. You can also do an indirect ...

Seven states offer exemptions for various forms of retirement income. Nine states don't have any state income tax, which also applies to retirement income. Remember that Federal tax rules apply to ...

One of the biggest decisions you might have to make for your retirement is figuring out when to claim Social Security. You’re allowed to sign up for benefits at any point as long as you’re at least 62 ...

There are currently 41 states and Washington, D.C. that do not tax Social Security benefits. The remaining nine states that do are: Colorado, Connecticut, Minnesota, Montana, New Mexico, Rhode Island, ...

Should you take benefits early at 62, wait for full retirement, or hold off until 70 to maximize the payout? That's the ...

Aside from her company' retirement payout, she will rely on the monthly pension from the state's Social Security System. "I ...

The Social Security Administration has just announced a 2.8% cost-of-living adjustment (COLA) for beneficiaries starting in 2026. That will raise the average benefits check from $2,008 per month to $2 ...

Work at least 35 years before retiring to avoid zero-income years in your benefit calculation. Maximizing your income today could help increase your future Social Security benefits. Early claiming ...

The age you file for Social Security will directly affect your benefit amount for the rest of your life. Filing early will reduce your benefit, but it's the ideal choice in some situations. Delaying ...