Lorie Konish’s Posts

Roth IRAs, retirement accounts that are funded with post-tax savings, are not just for the wealthy.

Congress is poised to push through a massive spending bill this week. And politicians are using the opportunity to help fix the pensions and health-care benefits for one group of workers: coal miners.

The Social Security Administration is the No. 1 government agency targeted by imposters, according to the Federal Trade Commission.

For many, getting a cancer diagnosis is financially devastating. Research shows that cancer patients are more likely to declare bankruptcy than the average person.

As advisory firms face risks of phishing, ransomware, email viruses and other targets, there’s one key way for them to know if they’re prepared: Put their systems to the test.

Landmark Social Security legislation passed in 1983 ushered in a series of changes to the program, including gradually raising the full retirement age to 67 from 65 .

As the S&P 500 reached new records this week, you might be tempted to ask: How high can the market go?

In 2020, you will be able to save as much as $19,500 in your 401(k), up from $19,000 this year.

Sen. Mitt Romney, R-Utah, is taking the lead on a new proposal aimed at fixing funding shortfalls for Social Security, Medicare and the nation’s crumbling highways.

If you’re 70½ or older, or inherited a retirement account, you need to take your required minimum distribution by Dec. 31.

The Social Security Administration announced that next year’s cost-of-living adjustment will be 1.6%.

This week’s market rout brought the S&P 500 to around 2,900 and Bank of America predicts the index will stay there as we close out the year.

You know you need to put money away for retirement, but do you know how long your savings will last?

If you wait until age 70 to start receiving Social Security retirement benefits, you generally stand to get the biggest checks.

But if you do not want to delay for that long, there is a second option where you will not take as much of a pay cut.

The IRS is finally ready to make good on threats to strip U.S. passports from Americans who owe more than $52,000 in overdue taxes.