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Key Retirement Birthdays: Age 70½

Congress and the IRS decided that you cannot leave your pre-tax retirement savings growing forever tax-deferred, so they chose 70½ for you to begin mandatory withdrawals.

WBZ NewsRadio 1030–01/30/2015

Banks, 100 Dollar Bills, Cash, generic, withdrawal, Counting Money

Key Retirement Birthdays: Almost 60

At 59½ you can finally get at those dollars you have been stashing away for years in your retirement plans without paying a 10% penalty.

WBZ NewsRadio 1030–01/28/2015

Counting, Savings

Key Retirement Birthdays: Double Digits, 55

Age 55 seems to be a magical number. It’s the elusive goal for retiring early!

WBZ NewsRadio 1030–01/27/2015

Checks, Money, Payment, Loans

The Over The Hill Bonus

Congress increased the amount workers could contribute to their retirement plans but then realized that older workers closer to retirement were in rough shape.

WBZ NewsRadio 1030–10/22/2014

401K, Retirement Plans

Retirement Plan Limits

Let’s start with the employer plans, 60% of employers offer some sort of retirement plan, but only about 50% of employees take advantage of the plans offered.

WBZ NewsRadio 1030–10/21/2014

Checks, Money, Payment, Loans

Using Your Retirement Plan As A Revolving Savings Account

According to the Employee Benefit Research Institute’s latest study on borrowing, more than 20% of participants have outstanding loans from their retirement plans.

WBZ NewsRadio 1030–09/25/2014

S.M.I.L.E. Pre-School in Boston (WBZ-TV)

I-Team: Boston Daycare Workers Cheated Out Of Retirement Savings

When a Boston daycare and pre-school shut down, its workers tried to access their retirement savings. Some found big discrepancies between what they put in and what was actually deposited.

08/20/2014

401K, Retirement Plans

Mid-Year Tax Planning For Your Retirement Plans

Mid-year is a good time to take stock of your retirement accounts.

WBZ NewsRadio 1030–07/23/2014

Internal Revenue Service

Retirement At Age 70½

Congress and the IRS decided that you cannot leave your pre-tax retirement savings growing forever tax-deferred, so they chose 70½ for you to begin mandatory withdrawals.

WBZ NewsRadio 1030–01/31/2014

Medigap, Elderly Services

Retirement Planning For Those Double Digits: 55

Age 55 seems to be a magical number…but very few individuals can realize an early retirement.

WBZ NewsRadio 1030–01/28/2014

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