roth IRA

Learn How Creditors Can Snatch Your (Inherited) IRA

Posted on 06/13/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsA U.S. Supreme Court ruling has just made estate planning a lot more cumbersome for some high-net-worth parents who want to leave tax-free money in a Roth IRA to a child. Retirement accounts are protected from creditors in bankruptcy cases so people don’t wind up destitute in old age. However, the court unanimously ruled on Thursday that this is not the case for those who inherit IRAs. The court decision involves a case of a woman who inherited about $450,000 in an IRA from her mother …

La planeación para el retiro desafía a los hispanos

Posted on 02/25/2014 by |AARP Blog Author | Comments

En Español¿Qué piensas hacer cuando te jubiles? ¿Dónde están los ahorros para tu retiro? ¿De qué vas a vivir? Ojalá seas una de las personas que puede contestar satisfactoriamente, porque para muchos hispanos estas preguntas no tienen respuestas. La falta de planeación y el bajo nivel de ahorro para la jubilación es uno de los grandes retos financieros que afronta este segmento de la población, en comparación con el resto de los estadounidenses, de acuerdo con un nuevo estudio publicado por …

Personal Finance News this Veterans Day

Posted on 11/11/2009 by |Archived Contributor | Comments

Money & SavingsYesterday, AARP’s Director of Financial Security, Jean Stetzfand, was featured in a segment NPR’s “Tell Me More” program. Stetzfand is discussing the issue of older workers and unemployment – a topic that is gaining more and more exposure in the media recently, and obviously one that is important to AARP and its members. Read the transcript or listen to the segment here. Stetzfand discusses the fact that workers over age 55 spend more time looking for work, possibly because employers …

News of the Day: Financial Worries, a Big Day for Health Care Reform…and Roth IRAs? What are those?

Posted on 09/30/2009 by |Archived Contributor | Comments

Bulletin TodayUSA Today featured a big story today on a survey from AARP that showed that Americans aged 45-64 are worried about having enough money for retirement and continued difficulty in paying for basic items such as food. Check out the story for all the startling statistics – there’s a lot of anxiety out there about money these days. In what some are calling a serious setback for President Obama, the Senate Finance Committee voted against the public health care option …