The new deduction can lower your taxable income and thus your combined income. It's estimated that 90% of seniors will now pay no federal income tax on their Social Security benefits. Some other ...

Some retirees are trading assisted living facilities for full-time life on cruise ships, but the lifestyle comes with both ...

This article discusses some of the beset Schwab retirement funds to consider for your 401(k).

Long regarded as leading the world in the design of defined-contribution accumulation schemes, Australia is a laggard when it comes to its decumulation scheme design. Surveying the state of play in ...

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These can increase your tax liability and also result in penalties, fines and notices from the tax department.

Your personal retirement number depends on your lifestyle goals, investment risk and desired retirement age, among other key factors ...

Because annuities provide a guaranteed monthly income for life, they've become an increasingly popular option for Americans worried about outliving their retirement savings. According to LIMRA, U.S.

We recently featured a story on how to get more people to buy annuities. Readers had a lot of questions about it. The article—written by Olivia S. Mitchell, a professor at the University of ...

Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $7.7 million, or $1.61 per share, for the ...

Delaware Life Insurance Company has become the first U.S. insurer to offer a fixed index annuity tied to a BlackRock index ...