Retirement Planning - 360 Degrees of Financial Literacy http://www.360financialliteracy.org/Topics/Retirement-Planning en-US Taking advantage of employer-sponsored retirement plans http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Taking-advantage-of-employer-sponsored-retirement-plans2 http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Taking-advantage-of-employer-sponsored-retirement-plans2 Employer-sponsored qualified retirement plans such as 401(k)s are some of the most powerful retirement savings tools available. If your employer offers such a plan and you're not participating in it, you should be. Once you're participating in a plan, try to take full advantage of it.

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Thu, 25 Feb 2016 03:06:37 EST
Can I roll a retirement plan distribution into an IRA? http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Can-I-roll-a-retirement-plan-distribution-into-an-IRA2 http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Can-I-roll-a-retirement-plan-distribution-into-an-IRA2 Read the Answer »

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Thu, 25 Feb 2016 03:04:32 EST
Are you ready to retire? http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Are-you-ready-to-retire http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Are-you-ready-to-retire Here are some questions to ask yourself when deciding whether or not you are ready to retire.

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Wed, 19 Feb 2014 17:25:15 EST
Buckets of Money: A Retirement Income Strategy http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Buckets-of-Money-A-Retirement-Income-Strategy http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Buckets-of-Money-A-Retirement-Income-Strategy Some retirees are able to live solely on the earnings that their investment portfolios produce, but most also have to figure out how to draw down their principal over time. Even if you've calculated how much you can withdraw from your savings each year, market volatility can present a special challenge when you know you'll need that nest egg to supply income for many years to come.

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Wed, 13 Nov 2013 17:59:01 EST
Is it true that my child can receive Social Security benefits based on my earnings record? http://www.360financialliteracy.org/Topics/Retirement-Planning/Social-Security/Is-it-true-that-my-child-can-receive-Social-Security-benefits-based-on-my-earnings-record http://www.360financialliteracy.org/Topics/Retirement-Planning/Social-Security/Is-it-true-that-my-child-can-receive-Social-Security-benefits-based-on-my-earnings-record Read the Answer »

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Wed, 13 Nov 2013 17:40:40 EST
Do I need to make any changes to my Medicare coverage for next year? http://www.360financialliteracy.org/Topics/Retirement-Planning/Medicare-and-Medicaid/Do-I-need-to-make-any-changes-to-my-Medicare-coverage-for-next-year http://www.360financialliteracy.org/Topics/Retirement-Planning/Medicare-and-Medicaid/Do-I-need-to-make-any-changes-to-my-Medicare-coverage-for-next-year Read the Answer »

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Wed, 13 Nov 2013 17:36:54 EST
Why You Need a Power of Attorney and Medical Directive http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Why-You-Need-a-Power-of-Attorney-and-Medical-Directive http://www.360financialliteracy.org/Topics/Retirement-Planning/Retirement-Planning-Basics/Why-You-Need-a-Power-of-Attorney-and-Medical-Directive Read More »

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Tue, 17 Sep 2013 11:28:01 EDT
Famous People Who Failed to Properly Plan http://www.360financialliteracy.org/Topics/Retirement-Planning/Estate-Planning-Basics/Famous-People-Who-Failed-to-Properly-Plan http://www.360financialliteracy.org/Topics/Retirement-Planning/Estate-Planning-Basics/Famous-People-Who-Failed-to-Properly-Plan It's almost impossible to overstate the importance of estate planning, regardless of the size of your estate or the stage of life you're in. A close second to the need to plan your estate is getting it done correctly, based on your individual circumstances. You might think that those who are rich and famous would be way ahead of the curve when it comes to planning their estates properly, considering the resources and lawyers presumably available to them. Yet, there are plenty of celebrities and people of note who died with inadequate (or nonexistent) estate plans.

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Tue, 17 Sep 2013 11:14:00 EDT
Choosing a Retirement Community http://www.360financialliteracy.org/Topics/Retirement-Planning/Housing-Issues/Choosing-a-Retirement-Community http://www.360financialliteracy.org/Topics/Retirement-Planning/Housing-Issues/Choosing-a-Retirement-Community Perhaps you've seen ads for a new "over 55" luxury condominium development in your town. Or another winter of shoveling has finally convinced you that it's time to move to a warmer climate. You're looking forward to life in a retirement community, but with so many options, how do you choose the right one?

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Thu, 11 Jul 2013 14:46:10 EDT
Portability of Applicable Exclusion Amount between Spouses http://www.360financialliteracy.org/Topics/Retirement-Planning/Estate-Planning-Basics/Portability-of-Applicable-Exclusion-Amount-between-Spouses http://www.360financialliteracy.org/Topics/Retirement-Planning/Estate-Planning-Basics/Portability-of-Applicable-Exclusion-Amount-between-Spouses Transfers of property during life or at death are generally subject to federal gift or estate taxes. However, each taxpayer has an amount of property that can be sheltered from federal gift and estate taxes by the unified credit, called the "applicable exclusion amount."

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Thu, 11 Jul 2013 14:43:12 EDT