A new tax deduction for people over age 65 has some thinking about Medicare premiums and MAGI strategy.
Despite higher wages and more accessible retirement plans, the average retirement age has hardly moved over the past 60 years. For men, the average age of retirement is 65, essentially unchanged over ...
Many workers could increase their lifetime spending power by $182,000 by delaying Social Security retirement benefits. The vast majority of retired workers depend on Social Security to some degree.
The elderly are physically and financially healthier than ever. So why do their needs keep taking priority over younger generations?
Assets in HSAs totaled $147 billion across about 39 million accounts at the end of 2024, according to research from Devenir. As a group, people ages 60 to 64 own the most HSA assets, with $19.4 ...