Understanding how retirement income is taxed: It may be more than you realize.
Understanding Taxes in Retirement You likely have a handle on your retirement savings, but do you know what your tax obligations will look like once you retire? “Not knowing the tax implications of your savings and investments can lead you to underestimate your spending power in retirement,” notes financial advisor Ryan Tucker, who leads BOSS […]
Investors are investing billions in ETFs, but their retirement gains are being diminished by these three errors.
ETFs: A Growing Trend in Investing Exchange-traded funds (ETFs) have seen a remarkable surge in popularity lately, and the trend shows no signs of slowing down. According to Morningstar, in the first half of 2025, these funds attracted a staggering $540 billion in new investments. As investments flow into ETFs, the market is increasingly getting […]
Is it too late? I’m 40 and hope to retire before 60. I have $12K in a retirement account but no emergency fund. Is there any chance?
I’m 40 and hoping to retire before I hit 60. Right now, I’ve got six years in civil service and could retire at 30 with full benefits, no matter my age. I could also buy back seven years of service for a higher price. I’ve got $12,000 in my retirement account that I could use […]
As federal retirement claims reach an all-time high, delays and dissatisfaction increase
David Wolfel, a retired U.S. Navy civilian architect, is among many federal employees who opted for retirement this year due to significant layoffs under the Trump administration. In May, after spending a few months on administrative leave, he submitted his resignation. Yet, six months later, it’s still uncertain when his retirement allowance will be processed. […]
Justice Hantz Marconi Stepping Away from All Cases Until Her Retirement in February with a $111,046 Pension
State Supreme Court Justice Announces Reduced Judicial Role CONCORD – Justice Anna Barbara Hantz Marconi of the State Supreme Court informed the court on Friday that she plans to limit her judicial duties as she approaches her retirement, which will occur upon turning 70 years old on February 12, 2026. In a letter dated November […]
David Coverdale from Whitesnake shares his retirement from rock music following a 50-year career.
David Coverdale Announces Retirement from Music David Coverdale, the lead singer of Whitesnake, has declared his retirement after a remarkable 50-year career in rock music. The 74-year-old made the announcement via a video message, saying, “Ladies and gentlemen, boys and girls, brothers and sisters of the Snake, I have a special message for you.” He […]
Retirement savings limits for 2026 rise as contributions for 401k and IRA are increased.
IRS Announces Increased Contribution Limits for Retirement Accounts The IRS has made some noteworthy adjustments to common retirement plans like 401(k)s and IRAs. Starting in 2026, those who contribute to plans such as 401(k) and 403(b) will see their contribution limits rise to $24,500, up from $23,500 in 2025. Additionally, IRA contribution limits will also […]
David Coverdale, the lead singer of Whitesnake, announces his retirement from music
David Coverdale Announces Retirement from Music Whitesnake’s lead singer, David Coverdale, 74, shared his decision to retire on Thursday, saying he will no longer don “platform shoes and skin-tight jeans” after an impressive career spanning over five decades. In a video message, he addressed fans: “Ladies and gentlemen, boys and girls, brothers and sisters of […]
17 transgender Air Force members file a lawsuit against the Trump administration over lost retirement benefits
Seventeen transgender members of the Air Force, discharged under the Trump administration’s policy against transgender service members, have filed a lawsuit against the federal government. Their aim? To reclaim the pensions and benefits that were stripped away following their involuntary early retirement. These individuals had served between 15 and 18 years and are now seeking […]
Retirement account limits for 2026 increase for savers due to new IRS rules
The IRS has decided to increase the 401(k) contribution limit to $24,500 for the year 2026. This change offers workers an extra $1,000 in tax-deferred savings. However, it appears that only a small fraction of employees actually utilize this maximum contribution. This increase was announced recently and applies to various retirement plans, including 401(k), 403(b), […]