Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses whether you really need to file and suspend before restricting an application to spousal benefits only, questions about Medicaid on a Social Security application, when married couples can file,
Retirement
Are you responsible for keeping the wheels rolling on your company’s 401(k) plan? It’s probably not your main job, and that’s the problem. Supersize firms can afford to hire dedicated staff to manage and administer their 401(k) plan. You can’t. And if it’s your own firm, you may not want to. You may prefer keeping
You face important Medicare choices! iStock contributor vaeenma It’s a big mistake to assume that Medicare is the only health insurance you need in retirement, as discussed in my previous post. You’ll want to find a separate insurance policy to complement Medicare, to cover Medicare’s significant deductibles and copayments, and to fill in coverage gaps.
If you’re like most pre-retirees, retirement planning starts by asking if you’ll have enough income during your retirement. If it appears you’ll generate adequate income, the focus shifts to tax and investment techniques that will maximize this income. In other words, “given my income, how can I retain more of it?” However, if you’re upper
An employee stock purchase plan (ESPP) is a great deal. It lets employees use after-tax payroll deductions to buy shares of the company’s stock. Depending on the ESPP’s structure, you may get to buy your company’s shares at a discount of up to 15%. A lookback in the plan makes the deal even better. Getty
How much do you need to save to retire comfortably? Not as much if you think if you buy the right monthly dividend payers. How you invest your retirement portfolio is more important than how much you have. Especially today, with “dumb” retirement money collecting just 1% in safe bonds. That 1% won’t even get
Scientists at Intervene Immune and Stanford Medical Center say they have proven that “epigenetic aging can be reversed in humans.” young and old face before and after concept Getty By testing the blood samples from a clinical trial designed to reverse aspects of human aging, scientists found significant reversal in their epigenetic ages. While they
When Doug Nordman told his fellow friends in the Navy that he planned to retire after his 20 years of service ended, they looked at him incredulously, asking him ‘What are you going to do, surf all day?’ It’s a running joke for him. At the time he didn’t surf. But the day the 20
Multiculturalism and globalization have helped drive immigration and growth to major hubs, but in some cases, it has also caused brain-drain and damaged the economies of immigrants’ home nations. The Caribbean has experienced widespread immigration and boasts a large diaspora worldwide relative to its population . Jamaica, which is home to 2.9 million people is
Share to facebook Share to twitter Share to linkedin Pay attention to your medical insurance when you transition to Medicare. Getty Many Americans celebrate their 65thbirthday because that’s the year they become eligible for Medicare. They hope they’ll start paying less for medical insurance premiums, and also they no longer need to worry about being