News & Commentary
Reduce Personal Taxable Income and Increase Tax Revenue - A Novel Idea
Since 1998, you can sell your home and exclude gain from your income of up to $250,000 (single filing) and up to $500,000 (married filing joint). But with inflation, shouldn't that excludable amount be increased? Here's an idea that would benefit individuals and the government.
International Women’s Day: Let’s Fight for Financial Equality
In 2022, let's stand up for women's empowerment and financial equality. Speak out against injustice and inequality to break the bias.
10 Financial “Pearls of Wisdom” from Mothers to their Daughters
Here's what boomer mothers have to say to their daughters about money.
10 Congressional Priorities for Seniors and Retirement
Here is a list of 10 priorities Congress can act on this year to make a huge impact on the lives of millions of voters in 2022.
Major Changes to Washington State’s Long-Term Care Program
A new wave of changes is coming to Washington State's long-term care program: WA Cares Fund.
Congressional Effort to Eliminate Alternative Investments from IRAs Wouldn’t Make Sense
The current version of the hotly debated Build Back Better bill has removed sections that would harm hundreds of thousands of investors and adversely impact the economy.
Justice Ruth Bader Ginsburg and Your Social Security Benefits: A Heartfelt Thank You
Retirement Daily contributor Marcia Mantell reflects on Justice Ruth Bader Ginsburg's work to improve Social Security.
Ask the Hammer: Who Qualifies for a Coronavirus-related Distribution?
Jeffrey Levine, director of advanced planning at Buckingham Wealth Partners, explains who is eligible for a coronavirus-related distribution.
Ask the Hammer: What Does Reg BI Mean for Investors?
Jeffrey Levine of Buckingham Wealth Partners describes what the SEC's Reg BI means for investors in this episode of Ask the Hammer.
How to Create a More Diverse and Inclusive Financial Planning Profession
The Center for Financial Planning is a distinct initiative of CFP Board, focused on creating a more diverse and sustainable financial planning profession, so that every American has access to competent, ethical financial planning advice.
How to Witness Retirement Documents in the Age of Coronavirus
What do you do if you need spousal consent for a retirement plan distribution or loan physically witnessed in the age of social distancing? Technology, and the IRS, to the rescue!
IRS Expands and Clarifies COVID-19 Hardship Withdrawal Rules
The IRS has released guidance on the CARES Act for taxpayers tapping their retirement funds as a result of the COVID-19 pandemic. Here's how that guidance may impact your choices.
Ask Bob: What Can Be Done When an Employer Doesn’t Allow a CARES Act 401(k) Distribution?
Financial adviser Jeffrey Levine explains how a Retirement Daily reader can receive a Coronavirus-Related Distribution from a 401(k) parked at a former employer.
How to Protect Retirees from Abuse, Neglect & Financial Exploitation
According to the WHO, abuse towards older persons has risen significantly during the COVID-19 pandemic. Here are steps retirees can take to protect against abuse, neglect and financial exploitation.
How to Save for Retirement and Pay for College
A college education has become a truly expensive expenditure. There are ways to invest for and fund the expense, and some hard choices that may need to be made along the way, to balance a child's education with their parents retirement security.
Ask Bob: Should I Take a Financial Hardship Withdrawal from My Thrift Savings Plan?
When you take an in-service withdrawal from your Thrift Savings Plan, you cannot return or repay the money you remove from your TSP account.