Retirement planning

More than a third of retirement plan participants admitted that they either “guessed” or “made up” their estimates for how much income they would need in retirement, according to a new survey, while only 30 percent said they consulted with a professional for help in setting their goals.

Odds have now turned against those hoping that the health care law passed in 2010 will "just go away."

Orlando-based CPA firm Berman Hopkins Wright and LaHam CPAs has partnered with Direct Retirement Solutions to establish Berman Hopkins Retirement Solutions LLC, a retirement planning, consulting and advisory services company for businesses throughout the Southeast.

For Americans long subject to the complexities and confusions of the Internal Revenue Code, it may come as a shock to find that some believe the U.S. to be a tax haven.

The Internal Revenue Service said Tuesday that it plans to help U.S. citizens who reside in foreign countries, catch up with their tax-filing obligations and offer assistance to those with foreign retirement plans.

The hallowed retirement age of 65 is being quietly retired.

Investment fraud and financial exploitation of senior citizens are getting worse, according to a new survey.

A new report from the Federal Reserve indicates that the median net worth of American families plummeted by 38.8 percent in the aftermath of the recession.

One accounting firm's approach to integrating financial planning as a service line

Bankruptcy trustees face challenges with retirement plans

Top 100 Firm Postlethwaite & Netterville's Melissa Peroyea receives Health Care Leadership Award

Fifty-six percent of workers plan to work past age 65 and 54 percent said they plan to continue working after they retire, according to a recent survey.

The New York State Society of CPAs has written to the Internal Revenue Service asking for a simplified method of electing deferral of U.S. taxation on Canadian Registered Retirement Savings Plans.

Employees are becoming more proactive and less reactive with respect to their finances, particularly with retirement planning, according to a new survey.

The Social Security Administration is providing an online version of taxpayers’ Social Security statements.

A new study suggests that taxpayers may be willing to accept a larger share of the larger share of the burden required to reform the Social Security system as their concern about the future sustainability of the Social Security worsens, but only when there are high levels of concern.

The financial and retirement confidence of working American adults is eroding, according to a new survey by PricewaterhouseCoopers.

The House Ways and Means Committee held a hearing Tuesday on tax reform and tax-favored retirement accounts as it sought to find ways to use tax policy to encourage more Americans to save for retirement.

Bank of America has introduced a 401(k) retirement plan for small businesses through its Merrill Edge unit.

More Americans are feeling optimistic about their retirement savings, according to a new survey.