3 Best Ways to Invest for Retirement

nest egg

Taking advantage of these specialized retirement accounts can help you build your nest egg faster. Key Points A Roth 401(k) can let you sock away a lot of money for ultimately tax-free withdrawals. A Roth IRA has great flexibility in withdrawals, but contributions are a bit more limited. A Traditional 401(k) lets you get an…

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Retiring Early Is Looking Easier. Here’s How to Do It With No Regrets.

retire early

Jeffrey Grimley managed to keep his dentistry practice open through much of the pandemic, putting in a restricted schedule for longtime patients. But when one of his best employees had to quit to attend to child-care needs because of Covid-19, Grimley decided to sell his practice in the Chicago suburbs two years earlier than planned…

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Some signs indicate Federal Reserve is already behind the curve on lifting rates, says Deutsche Bank strategist

federal reserve

Some labor-market indicators suggest that Federal Reserve policy makers are already behind on lifting interest rates, and supply shocks coursing through the U.S. economy would need to dissipate quickly for officials “not to be too far behind the curve,” says Deutsche Bank strategist Francis Yared. Those shocks are impacting both U.S. inflation and the labor…

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8 Things to Know When Choosing a Medicare Plan

medicare

The choices can be confusing, and the fine print is important. But it’s crucial to choose wisely, because it may be hard to change your mind. When most Americans turn 65, they have three basic options for health coverage: traditional Medicare; Medicare plus supplemental insurance to cover costs that Medicare doesn’t; or Medicare Advantage, a…

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7 Changes to Social Security in 2022

social security

From what beneficiaries receive monthly to what workers could owe in payroll tax, big changes are on the way for America’s top retirement program. Key Points A few days ago, the Social Security Administration released a laundry list of changes to the program that’ll take effect in 2022. Beneficiaries are set to receive their biggest…

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The messy math of Social Security, spousal benefits and when to claim

chess game

The good news and bad news: Your Social Security benefit calculation is based on more than your lifetime earnings Life can be complicated — Social Security tries to make up for that. The amount that a person is entitled to when it comes to claiming Social Security goes beyond just what they’ve earned over a…

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Tax Moves to Make Before the End of the Year to Lower Your Bill

calculator and taxes

With the end of the year rapidly approaching, it’s time to consider moves that will lower your 2021 tax bill and hopefully position you for tax savings in future years too. This column is Part One of my two-part list of suggested year-end strategies. But first, we need to address the big uncertainties about what…

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Even If You Already Have Medicare, Don’t You Dare Skip Open Enrollment

man working

It’s the perfect time to think about what’s changed in your life and with your health care plan. After looking at these four issues, you might find there is a better option for you. Medicare Open Enrollment is here! It’s your chance to review your coverage and see if you can save money next year. This…

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Wednesday Q&A Roth Ira As An Alternative To Emergency Savings?

Roth Ira As An Alternative To Emergency Savings? Let’s talk about savings statistics. Do you fall into any of these categories? What are the latest options for alternatives to emergency savings? Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here to Help…

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