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Why Is My Spousal Social Security So Small?

Q. My husband (age 70) just started collecting his Social Security. I start...
Q. My husband (age 70) just started collecting his Social Security. I started mine at 62, and am now 68. I was told when he started collecting that I would get an additional spousal benefit...

When It Makes Sense to Convert a Traditional IRA to a Roth in Retirement

Q: I want to convert my traditional IRA to a Roth. I’m 62, receive a milita...
Q: I want to convert my traditional IRA to a Roth. I’m 62, receive a military pension, and have not started receiving Social Security. I file jointly with my wife, who has no income, and...

5 Ways to Lower Your Tax Bill in Retirement

A. I'm worried about paying taxes when I stop working, since I may be in a ...
A. I'm worried about paying taxes when I stop working, since I may be in a higher bracket. What are the best strategies for reducing my tax bills in retirement? Q. It’s a good question,...

The One Big Advantage of a 457 Retirement Account

Q: What is the smart play on my 457(b) retirement plan, which has a $600,00...
Q: What is the smart play on my 457(b) retirement plan, which has a $600,000 balance? I’m retiring at 54 and wonder if I should roll it over into an IRA or keep it in...

Should I Roll a Lump Sum Payout Into a Traditional or Roth IRA?

Q: I am 71 and retired. I will be getting a $30,000 lump sum that I can eit...
Q: I am 71 and retired. I will be getting a $30,000 lump sum that I can either pay the taxes on and roll to a Roth, or roll into my IRA without paying taxes...

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Q. I retired from the U.S. Navy a few years ago and then took a job in private industry that included medical coverage for my wife and me. I also have the military's Tricare coverage...

How to Invest Money You've Already Tapped from Your Nest Egg

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Q: My wife and I started taking required distributions of $1,600 a month from our retirement accounts. We'll need the money in five years to redo our house, at a cost of $30,000, and want...

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