Money & Taxes for Retirees

Concerned about living on a reduced income after retirement? Learn how to make the most of your money by creating a retirement spending plan and taking advantage of tax deductions for seniors and retirees. Check out ways to bring in more money, such as starting a business or taking out a reverse mortgage.

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

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

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

Why do some retirees cope with life so much better than others?

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.

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).

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

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

Empower Yourself: DIY Products by Nolo

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Qualify for Social Security disability benefits, quickly and easily
After your injury: Settle your claim the right way
When you hire someone to care for your parents, use this agreement to cover all the details and your concerns.You'll outline the person's responsibilities, hours, compensation, benefits and payment schedule.

Nolo offers hundreds of consumer-friendly, do-it-yourself legal products for all types of legal situations. Browse our full product list.

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