Preparing to Retire Single

Unmarrieds need to approach retirement planning pragmatically. In an ideal world, it would be simple to prepare for a solo retirement. You would save half as much as a couple saves, buy half as much insurance coverage, and expect to live on half the income. Reality...

TSP Withdrawal Options Are Changing

New rules could soon mean more flexibility.   By 2020, federal employees with Thrift Savings Plan (TSP) accounts should have new withdrawal choices for their invested assets. New rules are scheduled to be implemented through the TSP Modernization Act, permitting TSP...

Annuities for Retirement Income

What prospective annuity holders should consider   Imagine an income stream you cannot outlive. That sums up the appeal of an annuity. If you are interested in steady retirement income (and the potential to defer taxes), you might want to look at the potential offered...

What Tax Documents Should You Keep?

Even with less itemizing, there are documents you want to retain   Fewer taxpayers are itemizing in the wake of federal tax reforms. You may be one of them, and you may be wondering how many receipts, forms, and records you need to hold onto for the future. Is it okay...