How Does A Non-Working Spouse Qualify for Spousal IRAs?

Article Highlights:   Compensation Requirements Spousal IRA Traditional or Roth IRA? Maximum Contribution As a result of the COVID-19 pandemic, millio...

What Is the Best Savings Account for Retirement?

Traditional IRA A traditional IRA is any IRA that is not a Roth IRA or a SIMPLE IRA. You can set up a traditional IRA if you receive taxable compensat...

Will Social Security and Medicare Benefits Be Available to You When You Retire?

Social Security Full Retirement Age If you were born in 1954 or earlier, you are eligible for full Social Security benefits in 2021. The following cha...

How Do I Create a Retirement Income Plan?

Pension Income Planning An employee nearing retirement may face a dilemma when it comes to choosing his or her pension. Pension options from a defined...