Question: Can we have a mandatory retirement age? Answered by the HR Experts: With a few exceptions, no, you can’t have a mandatory retirement age. Forcing an employee age 40 or older to retire at a certain age would likely violate the Age Discrimination in...
Retirement
Tax Diversification For a More Secure Retirement
Just as you allocate assets to a combination of stocks, bonds, cash, and other investments, you may want to consider allocating retirement assets among tax-deferred, tax-free, and taxable accounts for a potentially greater retirement income. FIRST TAKE ADVANTAGE OF...
Leave Excess Retirement Savings For Grandchildren Without A Big Tax Bill
Naming grandchildren as beneficiaries of traditional IRAs used to be a popular estate-planning strategy. Grandchildren had their lifetimes to empty an inherited IRA, which also let them stretch out income-tax payments on the assets. NO LONGER Under 2020 required...