Category IRA

How Does a Spousal IRA Work?

Earned Income Spousal IRA

Saving for retirement is absolutely essential as we are more likely to achieve economic independence later in life. We usually think of retirement savings as a percentage of our income. But what happens if you don’t have an income?  If…

How Much Social Security Will I Get? 

Social Security is a vital component of most people’s retirement income picture. But it’s just one of the three “legs” on the retirement income stool – the others being employer retirement plans (401ks, pensions, etc.) and private savings.  So unless…

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