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Author: Robert Powell, Special to USA TODAY

Money

Coronavirus relief: We answer your questions about how the CARES Act affects retirement withdrawals and IRAs

April 15, 2020Robert Powell, Special to USA TODAYComments Off on Coronavirus relief: We answer your questions about how the CARES Act affects retirement withdrawals and IRAs

The president signed the CARES Act into law in March. Here are answers to some of the commonly asked questions about how it impacts IRAs, RMDs.

Money

Coronavirus prompts government to loosen rules on tapping retirement savings. Here’s how

April 5, 2020Robert Powell, Special to USA TODAYComments Off on Coronavirus prompts government to loosen rules on tapping retirement savings. Here’s how

The CARES Act has loosened up the rules for tapping retirement savings like 401(k)s or IRAs. Here’s what’s changed and what you need to consider.

Money

Avoid these 4 traps when claiming Social Security

February 19, 2020Robert Powell, Special to USA TODAYComments Off on Avoid these 4 traps when claiming Social Security

Millions of Americans plan to apply for Social Security or disability benefits, but there are a few things that could go wrong when applying.

Money

4 quirky Social Security rules you need to know to avoid retirement planning mistakes

February 10, 2020Robert Powell, Special to USA TODAYComments Off on 4 quirky Social Security rules you need to know to avoid retirement planning mistakes

There’s a lot about Social Security you probably don’t know. Here are some of the quirkiest rules you should know to avoid retirement mistakes.

Money

4 changes that could affect Social Security in 2020

January 17, 2020January 17, 2020Robert Powell, Special to USA TODAYComments Off on 4 changes that could affect Social Security in 2020

If you’re one of some 69 million Americans who receive Social Security or SSI benefits, you’ll notice some changes in 2020. Here are four.

Money

10 ways to avoid paying higher Medicare premiums

December 22, 2019Robert Powell, Special to USA TODAYComments Off on 10 ways to avoid paying higher Medicare premiums

If you’re subject to IRMAA, there are several steps you can take avoid or reduce the extra charges added to your Part B and Part D premiums.

Money

Give yourself a holiday gift with these 5 IRA moves before the end of 2019

December 8, 2019December 8, 2019Robert Powell, Special to USA TODAYComments Off on Give yourself a holiday gift with these 5 IRA moves before the end of 2019

It’s that time of the year when, along with buying gifts for loved ones, you must tend to your individual retirement account or IRA.

Money

6 things to know about Social Security benefits and working after full retirement age

November 21, 2019Robert Powell, Special to USA TODAYComments Off on 6 things to know about Social Security benefits and working after full retirement age

Did you know you could increase your Social Security benefit through additional work after the age of 70? These tips will get you through retirement.

Money

You’ll only get a small increase in Social Security benefits in 2020. What should you do?

October 16, 2019Robert Powell, Special to USA TODAYComments Off on You’ll only get a small increase in Social Security benefits in 2020. What should you do?

Social Security beneficiaries will receive a small, 1.6% increase in their monthly check starting in 2020. What should they do to cope?

Money

4 key trends you need to know about Social Security

September 30, 2019September 30, 2019Robert Powell, Special to USA TODAYComments Off on 4 key trends you need to know about Social Security

Social Security faces big challenges as it continues to undergo change and provide key benefits to Americans.

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