Retirement Planning

The Internal Revenue Service (IRS) has announced contribution limitation adjustments for employee retirement plans going into effect January 1, 2023.

Downsizing can offer many financial and lifestyle benefits for seniors.

Retirees - even those who are insured - are paying tens of thousands of dollars for health care over the course of their retirement years.

Understanding some of the common medical and legal terms in the field of estate planning and elder law can give you added confidence in your approach to planning for your own future or that of your loved ones.

The number of seniors who have an income above the Medicaid threshold - but lack substantial personal savings to afford long-term care - is projected to grow by nearly 90 percent over the next decade.

Whether you have taken out these loans for yourself or for your family members’ education, several programs are currently seeking to assist you through debt cancellation or other relief measures.

A recent survey finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and living expenses.

If your loved one is entering a nursing home, you may worry whether you could be liable for their care.

The Internal Revenue Service has issued new guidance extending the time that executors have to elect portability.