TOP ARTICLES
Ask the Hammer: Should My Parents Gift Me Money For a Down Payment or Loan Me the Money?
Jeffrey Levine, chief planning officer at Buckingham Wealth Partners, discusses in this Retirement Daily video what's better: a gift or a loan?
Inheriting Your Spouse's IRA - The Widow's Guide to Keeping More of Her Assets
The first year after the death of a spouse will be more tactical than strategic. Here are best practices for widows and their finances from Bill Harris, a regular contributor to Retirement Daily. We'll publish chapters regularly, starting here with the introduction and chapter one. We hope you enjoy!
Ask Bob: When Can I Do a Roth Conversion?
A reader asks about timing a Roth conversion with her monthly RMDs.
How to Determine Whether to Refinance Your Mortgage?
Mortgage rates are rising. But there’s still time to refinance your mortgage if you haven’t done so already, according to Dana Anspach, CFP®, RMA®, president and founder of Sensible Money.
Ask the Hammer: My Parents Helped Me Buy a Condo. How Do I Report This On My Tax Return?
How does an adult child who received financial help from his parents when he purchased a condo report this on his tax return?
Five Ideas for Your Tax Refund
A tax refund is a return of your money. Here are some tips on how to improve the results.
Ask Bob: Which is Better - a Traditional IRA or a Roth IRA?
A reader questions his choice of rolling retirement funds into a traditional IRA rather than a Roth IRA.
The Quest for Home Equity Access in Retirement
Despite limitations to borrowing in retirement, seniors are turning to home equity to finance retirement spending. Shelley Giordano outlines various options to consider.
Retirees are Increasingly Buried in Debt -- Home Equity Could Offer a Solution
If a reverse mortgage or home equity loan aren't for you, perhaps a home investment partnership is. Sahil Gupta explains this new alternative for getting money out of your home's value.
How to Simplify Your Budget with the "One Number" Budget
Amy Shepard of Sensible Money explains how to simplify your budget with the "One Number" budget
Ask the Hammer: How do ISOs work?
Jeffrey Levine, chief planning officer at Buckingham Wealth Partners, explains in this Retirement Daily video how incentive stock options work.
Congratulations, You’ve Retired! Now What?
It's time to build your “living-in-retirement” financial calendar.
BENES Act Goes Into Effect in 2023
New Medicare law ends lengthy waits for coverage.
How to Navigate Your Credit Score
CJ Miller of Sensible Money explains that understanding your credit score isn’t as complicated as it sounds and having a high score can save you tens of thousands of dollars of interest over your lifetime.
Why We Need a New Approach to Retirement Income Planning
In this part one of a two-part series on retirement income planning, adviser Phil Lubinski outlines the challenges facing retirees today. Part 2 will delve into the solutions.
Ask Bob: Are the Stimulus Checks Considered Taxable Income?
A reader asks about the tax impact of the 2020 stimulus checks and how to handle it when reporting his taxable income.
Six Reasons to Consider an Age 59 ½ In-Service Withdrawal
A retirement planning strategy that many miss out on is the “age 59 ½ in-service withdrawal.” Adviser Brad Pistole explains what this is and how to use it.
Beware the Interplay Between HSAs and Medicare
Are you still working, contributing to your health savings account (HSA), and turning 65 this year?
Pursuing Financial Fitness During a Pandemic
Take advantage of lessons learned in 2020 to set priorities and prepare for 2021.