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Thursday, June 15, 2017

This week’s retirement strategies and news


June 15    
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  Personal Finance
 
If you have reservations about giving your heirs unfettered access to an inherited individual retirement account, an IRA trust could give you peace of mind.
 
  IRA trusts can protect your heirs from themselves  
  If you have reservations about giving your heirs unfettered access, an IRA trust could help.  
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  Personal Finance      
  Chart by author.   Don't need your Social Security? 1 reason you should claim it early anyway
Even if you don't need your benefits, it might be smart to take them.                              
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  Personal Finance      
  Interest rate fluctuations can have a big impact on your bond's value.   June 2017 Fed meeting: 7 questions (and answers)
The Federal Reserve raised the federal funds rate at its meeting today. This marks the second of three expected rate hikes by the central bank for 2017.                              
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  Personal Finance      
  Given the sorts of complaints received by the CFPB, what can older consumers do to reduce the risk of financial trouble if they encounter problems with financial products or services?   Financial trouble: Ways older consumers can protect themselves
Older consumers might think there's no one willing to listen to their complaints.                              
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  Personal Finance      
  The long-running game of   3 reasons you should care about the fiduciary rule now in effect
The long-running game of "will it, will it not" is over: The fiduciary rule is now live.                              
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  Personal Finance      
  Many retirees avoid credit usage, with unexpected consequences. Keeping active credit accounts can help ensure it's available if you need it.   Credit hit: Why your credit cards shouldn't retire when you do
Baby Boomers risk damaging their credit scores in retirement by reducing use of credit cards.                              
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  Personal Finance      
  You might have stopped working, but that doesn't mean you should stop investing in stocks. You can and should invest some of your savings in stocks after retirement to reap higher returns.   Why retirees shouldn't shun the stock market -- even in retirement
You might have stopped working, but that doesn't mean you should stop investing in stocks.                              
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  Personal Finance      
  Freshly cut stacks of $100 bills make their way down the line at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. Workers are setting aside more of their paychecks in their 401(k), and lower-income workers are much   Sometimes inertia helps: More workers save in their 401(k)
Signs point to progress in retirement planning. Here's a look at some of the trends.                              
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  Personal Finance      
    Switching careers? 5 things you need to know
Time for a professional change? Here's what you should be aware of.                              
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  Personal Finance      
    Retirement planning: 11 steps to a million-dollar nest egg
A few small steps today can lead to a giant nest egg in your future.                              
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  The Day In Pictures Gallery
A Somali soldier stands near the wreckage from a car bomb blast and gun battle targeting a restaurant in Mogadishu, Somalia on June 15, 2017. Somalia's security forces early Thursday morning ended a night-long siege by al-Shabab Islamic extremists at

A Somali soldier stands near the wreckage from a car bomb blast and gun battle targeting a restaurant in Mogadishu, Somalia on June 15, 2017. Somalia's security forces early Thursday morning ended a night-long siege by al-Shabab Islamic extremists at
 
  Popular Stories
Rep. Steve Scalise shot, in critical condition; shooting suspect dead: Here's what we know
Mueller investigating Trump for possible obstruction, report says
Dominique Wilkins, Clyde Drexler scoff at claims from Lonzo and LaVar Ball
 
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