The day is finally here. After decades of saving, diversifying your portfolio, and managing your investments, you’ve entered retirement. You’re ready to transition from saving for retirement to withdrawing from your accounts, but how can you make sure that your money will last as long as you need it? “The best advice,” says Lee Baker, [...]
If you are a veteran, you may qualify for benefits in some unexpected places. You’ll need to do some research and get some documentation in order to take advantage of these benefits, but in the end the financial rewards could be substantial. Here are just a few areas where your veteran status could benefit you [...]
Benefit plans can add considerable value to an employee’s overall compensation, and they are a key reason that many employees take—or decline—employment opportunities. That makes it important to evaluate benefit plans before taking a new job. Group health insurance benefits Group health insurance is the most common benefit offered by employers. In 2011, 85.3 percent [...]
Many Americans will rely on Social Security benefits in retirement, but the way their benefits are calculated could be set to change. Currently, Social Security uses a cost of living adjustment (COLA) to determine how much retirees and other people in the program get paid from year to year. During most years, the COLA adds [...]
