How retirees can avoid a Medicare surcharge
If you've never heard of IRMAA, you'll want to know all about it before you retire. It's the Medicare income-related monthly adjustment amount — or the extra premium for Part...
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Retirement: New ways to boost retirement savings
With the passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act late last year, here are some of the highlights designed to boost retirement savings. Unless noted,...
Reverse mortgages risky for boomers?
Reverse mortgages were once considered a last-resort option for cash-strapped seniors in their late 70s and 80s. Now many recession-battered baby boomers are looking to these loans to shore up...
New reverse mortgage hits the market
If you're shopping for a reverse mortgage, you have a new choice to mull over. The federal government has expanded its Home Equity Conversion Mortgage, or HECM, to include a...