Target date retirement funds involve creating an asset mix that rebalances according to a selected time frame.
Withdrawing extra funds from your retirement account can diminish your future income stream.
Each new tax year could provide a great opportunity to convert funds from a traditional IRA to a Roth IRA, but the decision can involve many moving parts and should be evaluated carefully.
Income earned by one spouse can be used to fund retirement accounts for both spouses.
It makes sense when you consider why retirement accounts are protected.
The government is concerned about the lack of savings and preparedness of American workers approaching retirement.