Lorie Konish’s Posts

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.

When Congress returns from recess, it will have a slew of proposals to consider, including some that could have a big impact on your retirement.

When it comes to preparing for retirement, there’s one key message: save, save, save.

But once you finally do stop working, the last thing you want to do is spend, spend, spend.

Only 8% of Americans think the government should do nothing to fix Social Security and that the program will stay “perfectly affordable.”

Here’s a look at what the leading candidates have previously said and done with regard to Social Security reform.