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Suze Orman says this is the one expense you must cut in retirement

Quick ReadNearly 40% of seniors rely solely on Social Security, averaging $2,084 a month, while median household retirement ...
24/7 Wall St. on MSN

Suze Orman’s top retirement advice you shouldn’t ignore

Quick ReadOrman calls claiming Social Security at 62 a permanent 30% pay cut; waiting until 70 delivers a 24% larger monthly ...

They Skipped Long-Term Care Insurance Because Dad Was Only 58. At 76, After a Stroke, No Carrier Would Write It at All

A family waited on long-term care insurance when their father was healthy and the cost felt optional. Then a stroke made the ...
24/7 Wall St.

From 59½ to 63, Retirees Can Pull From an IRA With No Penalty and No Medicare Lookback. Most Wait, and Pay for It at 65

A quiet gap between penalty-free IRA withdrawals and Medicare enrollment lets retirees reshape their tax picture before the ...
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Suze Orman’s Pre-RMDs Playbook: Why She Tells Retirees to Roll the 401(k) to an IRA Immediately

On the June 13, 2024 episode of Women & Money, a listener named Peggy asked what plenty of pre-retirees feel but rarely say out loud. "I've been watching and listening for over 10 years. But I'm ...

His 401(k) Named His Two Kids as Beneficiaries. Federal Law Handed It to His Second Wife Anyway

Federal law contains a little-known rule that can strip your carefully named beneficiaries of your 401(k) the moment you ...
24/7 Wall St.

Retiring at 62 With $2.4 Million? The Order You Spend Your 401(k), Roth, and Social Security Is Worth $200,000

Most retirees follow the same account withdrawal sequence without realizing it can quietly hand tens of thousands of dollars ...

He Spent Down the Roth First to ‘Save’ the IRA for His Kids. He Left Them a $120,000 Tax Bill Instead of a Tax-Free Account

Saving the Roth for the kids sounds generous, but a rule most retirees missed in 2020 turned that good intention into a ...

GAO Warns: Retirement Plan Data Isn’t Always Protected

Examining the risks tied to 401k (and 403(b), Pensions) Plan Data and the Push for Stronger Safeguards ...