Financial TIPs

You may be past full retirement age, but did you know you can undo the decision to delay your benefits? A lump-sum payment may be right for you if you’re suddenly in need of cash.

All Social Security offices are closed — but that doesn’t mean you can’t claim Social Security. Here’s how you can apply for benefits and receive assistance during COVID-19.

If you are nearing retirement, it's likely the onset of COVID-19 has left you questioning where you stand. We've outlined the changes in recent legislation and what you need to know now about your future income in retirement.

The CARES Act has allowed retirees to forego taking their RMDs for the rest of 2020. Learn why this could be a money-saving move and what else you need to know with this quick guide.

Are you an independent contractor or self-employed? We get it, taxes can be daunting. Here's the lowdown on the most common (and valuable) tax deductions freelancers should be aware of.

The tax filing deadline was recently extended to July 15, 2020 amidst the COVID-19 pandemic. We've rounded up everything else you need to know before filing your taxes this year.

So much of investing is beyond our control (picking stock prices, timing market movements and so on), it’s nice to know that there are still a number of “power tools” we can employ to potentially enhance your bottom line. Tax-loss harvesting is is the equivalent of turning your financial lemons into lemonade by converting market downturns into tangible tax savings. A successful strategy lowers your tax bill, without substantially altering or impacting your long-term investment outcomes.

After losing a loved one, finances are the last thing you're worried about. However, taking care of their financial accounts and administrative tasks can keep their assets in good order.

Is purchasing an annuity a smart or stupid investment for your financial future? Read on to learn more about the pros and cons of annuities.