The Internal Revenue Service and Treasury Department have issued new regulations that allow longevity annuities in employer-sponsored retirement plans and IRAs. So reports The Hill.
Gay and lesbian couples that are raising children have saved an average of $210, 700 in their retirement accounts compared to $251,100 saved by heterosexual couples with children. So reports Time.
Online financial advisor Financial Engines has launched a web service that helps users maximize their Social Security benefits. So reports Time.
A recent study by Fidelity Investments has concluded that a couple that retires at age 62 rather than 65 can see healthcare costs during the three-year period increase by more than $50,000. So reports ThinkAdvisor.
The Supreme Court has ruled that inherited IRAs don’t have the same protection from creditors as non-inherited IRAs. So reports DailyFinance.
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