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Thursday, December 7, 2017

This week’s retirement strategies and news


December 07    
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NEWS SPORTS LIFE MONEY TECH TRAVEL OPINION WEATHER
  Personal Finance
 
Two parents and teenage daughter holding several shopping bags.
 
  Parent trap: Supporting an adult child will cost both of you  
  You can’t blame parents for wanting to help their kids.  
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  Personal Finance      
  401(k) investors are waiting to see if a Republican-led tax reform plan will make changes to 401(k) investment plans' tax-deductible contribution limits.   Ask a Fool: IRA vs. 401(k), which is the better choice?
Both account types have clear advantages, and one may be the smarter choice for you.                              
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  Personal Finance      
  Social Security card inserted between 100 and 20 dollar bills.   This is the maximum Social Security retirement benefit payable in 2018
The maximum Social Security benefit is nearly three times what the average retiree receives.                              
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  columnist      
  When facing a major financial challenge, you can't try-on change. You have to go for it.   Pete the Planner: Financial challenge? Don't fake a behavior change to solve it
When facing a major financial challenge, you can’t try on change. You have to go for it.                              
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  money      
  An elderly man counting cash in his hands.   Retirement dream -- more money for travel, less for health care -- tough to achieve
Middle-aged and older Americans would like to devote more of their retirement budgets to things like travel when they retire, a USA TODAY survey says.                              
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  Personal Finance      
  Senior couple walking in the woods with leaves on the ground in the fall   Retirement planning: Top 6 things no one tells you about
To make your retirement years truly golden, understand what may be coming your way.                              
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  Personal Finance      
  Older man sitting next to a blue piggy bank with money raining down around him.   How much will I have when I retire if I max out my 401(k)?
Spoiler alert: It’s probably more than you think.                              
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  Personal Finance      
  A confused elderly man staring at coins being held and pointed at by a woman next to him.   The GOP tax plan could negatively affect your Social Security benefits
A new inflationary measure could stymie Social Security's annual cost-of-living adjustment.                              
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  taxes      
  Keyboard with blue tax key.   Why you're stuck paying this hated tax at least 1 more year
Find out why one unpopular tax provision hasn't yet gone away.                              
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  taxes      
  Jar of money labeled retirement.   Tax planning: Do you qualify for an IRA deduction in 2018?
It depends on the type of IRA, your income, and your employment situation.                              
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  The Day In Pictures Gallery
Two firefighters watch as a home burns in a wildfire in La Conchita, Calif., Dec. 7, 2017. The wind-swept blazes have forced tens of thousands of evacuations and destroyed dozens of homes.

Two firefighters watch as a home burns in a wildfire in La Conchita, Calif., Dec. 7, 2017. The wind-swept blazes have forced tens of thousands of evacuations and destroyed dozens of homes.
 
  Popular Stories
Warriors coach Steve Kerr: Stephen Curry injury 'a good thing for our team'
Saints can take firm control of NFC South vs. Falcons
This duck-like dinosaur with killer claws ran, swam and tore prey to shreds
 
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