Retirement

I understand the problem you face every day when you start working. You have an idea of how you’d like your day to go, and then you turn your computer on. Your inbox was populated overnight by bleary-eyed inbox-zero adherents pounding away in a converted closet. A couple more hours have been consumed on your

After a reprieve from required minimum distributions (RMDs) in 2020 due to the COVID-19 relief package in the CARES Act, RMDs return for 2021. Individuals are required to take RMDs from most retirement accounts once they turn age 72.  The first distribution needs to come out by April 1 following the year you turn 72.

If you’ve changed jobs throughout your career, chances are you have at least one or two 401(k)s with former employers. If you’re like most people, you’ve probably been unsure about what to do with that money and just left it in the plans. Now that time has passed and your financial decisions are more deliberate,

By Chris Farrell, Next Avenue You’ve probably been hearing about how the Biden administration wants to raise the 21% corporate tax rate and the 37% top income tax rate and 20% capital gains rate for the wealthiest Americans. But changes in the estate tax rules, under consideration by the president and Congress, haven’t received as much

Four considerations for making the best choice for you and your family The role of a trustee—holding title to property for the benefit of another—sounds simple enough on its surface, but selecting a trustee is a complex decision with many nuances. Individuals who create trusts often focus on the trust provisions regarding disposition of the

Many years ago, the preferred way to enroll in Medicare was to visit the local Social Security office. Then came enrolling by phone, adding convenience. Make an appointment and enroll, sitting at your desk or kitchen table.  As with everything from registering for classes to buying a car, there is now online enrollment. From its

April is financial literacy month, and while many see this as an opportunity to focus on adults, the secret to long-term success lies in teaching children. No one is in a better position to accomplish this task than the parents. “There is absolutely no question in my mind that parents can make their kids better

By Richard Eisenberg, Next Avenue Editor At the American Society on Aging’s “On Aging 2021” conference April 6, Caring Across Generations Co-Director Ai-jen Poo said that caregivers are on the front lines of aging and “we are wholly unprepared as a nation to what is unfolding.” Kate Washington, author of “Already Toast: Caregiving and Burnout in

By Christina Wyman, Next Avenue Last summer, when Ellen DeGeneres was outed by employees for cultivating an abusive work environment that ran counter to the “Be Kind” façade that has long animated her TV talk show and public persona, she responded to the allegations in a way that seemed to at least meet the basic tenets

President Biden’s $400 billion plan to expand Medicaid’s home and community based services (HCBS) for people receiving long-term services and supports (LTSS) already has accomplished one major goal: It has policymakers and opinion leaders talking about how we care for frail older adults and younger people with disabilities. We not had a long-term care conversation