Money & Taxes for Retirees

Getting Your Retirement Money Early—Without Penalty

There are several ways to avoid the extra 10% tax on early distributions from retirement plans.

Top Six Tax Deductions for Seniors and Retirees

Here's a list of the top tax deductions for those over 50.

Help Your Family Claim Retirement Benefits

Make sure your survivors can access your retirement and pension accounts.

Loving Life and Staying Busy in Retirement

Why do some retirees cope with life so much better than others? Part of the answer is fairly obvious: things like getting lots of exercise, keeping busy, and creating strong friendships and family bonds. But something else also seems to be at work. Since I can't quite describe it, I simply call it "love

Tax Deductions for Your Charitable Contributions and Volunteer Work

After retirement (and even before), many people are looking for meaningful ways to spend some of their newly free time and to make a difference in the world, and volunteer work is often the solution. Or, if you are fortunate enough to have cash or property to donate, your giving can fund worthwhile endeavors.

Reverse Mortgages: Restrictions and Requirements

The FHA recently made changes to the availability of certain types of reverse mortgages, including the popular standard fixed-rate Home Equity Conversion Mortgage (HECM).

Can I Loan My Parents Money as a Reverse Mortgage?

An intra-family reverse mortgage on a home is possible and offers many benefits.

Key Steps in Making an Intrafamily Reverse Mortgage Loan

Let’s say you and perhaps other members of your family are interested in setting up a reverse mortgage loan for another family member.