Vanguard's target-date funds provide a helpful income floor, but find out why you need much more.

An important job in the two or so years leading up to retirement — right up there with figuring out your healthcare coverage ...

Discover the retirement account withdrawal order that could save you $100,000 or more in taxes and help your savings last ...

Baltimore County officials are seeking retroactive approval of a $4 million budget transfer after unexpected retirements and ...

In 2010, Philadelphia thought it had fixed a technicality that let officials retire for a day, grab a lump-sum payment, and ...

City Councilmember Curtis Jones Jr. and City Representative Jazelle Jones are both set to benefit from DROP, a city ...

Think of an annuity as insurance for your future paycheck. You pay an insurer a lump sum or regular premiums today, and in ...

PHILADELPHIA (WPVI) -- Scores of retired city employees say they are waiting months - in some cases nearly a year - to receive terminal pay and other retirement-related payments, leaving many ...

A traditional IRA provides deductions for deposits, it grows tax-deferred, and withdrawn funds are fully taxable as ordinary income. A Roth IRA does not provide deductions for deposits, but your money ...

TAMPA, Fla. — Chief Lee Bercaw’s retirement from the Tampa Police Department this August will be his second. The first was in September 2024, when he became eligible to collect a roughly $500,000 lump ...

If you're a highly paid executive, deferring some of your pay until later in life is a good way to cut taxes. Making a deferred compensation 409(A) or 457(b) plan roll over to a Roth IRA is usually ...

An after-tax 401(k) contribution allows you to deposit more than the $23,000 pretax limit for 2024 ($30,500 for those age 50 or older). The total 401(k) contribution limit that includes employer and ...