IRS EASES RETIREMENT ACCOUNT ROLLOVER NIGHTMARES
BUT TAXPAYERS NEED TO REMAIN CAUTIOUS
The IRS is easing some of the nightmare financial consequences of mishandled tax-free rollovers from individual retirement accounts and retirement plans—but taxpayers need to remain vigilant to avoid unnecessary taxes and penalties.
INSURANCE FOR EARLY RETIREES
Workers retiring early typically worry about how much they’ll have to stretch their limited retirement dollars so as not to run out of money. That’s certainly an important concern. But many early retirees overlook another major issue: adequate insurance, particularly medical.
403(B) PLANS WAVE OF FUTURE FOR MANY WORKERS
Millions of new teachers and health-care workers expected to be hired in the coming decade will need to become familiar with a retirement plan they may know little about: the 403(b), commonly called a tax-sheltered annuity.