Our interactive tools can assist you in your unique financial planning needs. Interactive calculators are made available as self-help tools for independent use and are not intended to provide investment or tax advice, either expressed or implied.
Our interactive tools can assist you in your unique financial planning needs. Interactive calculators are made available as self-help tools for independent use and are not intended to provide investment or tax advice, either expressed or implied.
Our interactive tools can assist you in your unique financial planning needs. Interactive calculators are made available as self-help tools for independent use and are not intended to provide investment or tax advice, either expressed or implied.
Retirement Contribution Effects on Your Paycheck Calculator
An employer-sponsored retirement savings account could be one of your best tools for creating a secure retirement. It provides two important advantages.
Required Minimum Distribution (RMD)
Use this calculator to determine your Required Minimum Distribution (RMD). The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from some types of retirement accounts annually.
Internal Revene Code sections 72(t) and 72(q) provide for tax-penalty-free early withdrawals from retirement accounts under certain circumstances.
Roth 401(k) vs. Traditional 401(k) Calculator
If available in your employer's plan, the 401(k) Roth allows you to contribute to your 401(k) account on an after-tax basis - and pay no taxes on qualifying distributions when the money is withdrawn.
Roth IRA Conversion Calculator
In 1997, the Roth IRA was introduced. This new IRA allowed for contributions to be made on an after-tax basis and all gains (or growth) to be distributed completely tax-free.
Social Security Benefits Calculator
Do you wonder how much you might receive in Social Security? Use this calculator to help you estimate your Social Security benefits. Remember, this is only an estimate. Your actual benefits may vary depending on your actual work history and income.
Although it’s true there’s really no bad time to start investing, it can be tricky to figure out how to siphon off funds from other areas of your budget and redirect them to your future needs.
As America’s economy reopens, we’re seeing higher inflation rates, and this unwelcome surge should prompt retirees to consider the threat it could pose to their financial security.
It’s never too soon to start saving for retirement but if you want to retire early, you’ll likely have to do some extra planning.
Retirement Plan Contribution Limits
Opportunity to prepare for the future you envision. Pre-tax contributions to an employer’s tax-deferred plan can potentially help reduce your current table income while saving dollars for retirement that otherwise would have gone to pay taxes.
403(b) Special Pay Plan
A tax-deferred retirement plan for various forms of special pay such as accumulated sick pay, vacation pay and annual leave.
If you are entitled to sick pay, annual leave pay and vacation pay, as well as other forms of special pay, your employer’s contribution of these amounts to the Special Pay Plan means you will defer payment of the related federal income taxes until you receive distributions, generally after retirement.
Roth 403(b): An opportunity to take advantage of tax-free income in your future
Looking for more opportunities to save now or reduce your taxable income later during retirement? Contributions to a Roth account provided through your employer’s 403(b) plan may be an attractive option for you.
Could a Roth 457(b) fit in your future?
Looking to boost your retirement nest egg or reduce your taxable income during retirement? Contributions to a Roth account provided through your governmental employer’s 457(b) plan may be an option to consider.
Everyone needs to consider their retirement strategy. A great place to start is enrolling in your employer-sponsored retirement plan.
If you’re a Gen Xer, you’ve likely been facing some major financial demands over the last few years: caring for children and aging parents, dealing with a recession that lasted through some of your highest-earning working years and managing major debt.
Those saving and planning for retirement face a lot of important questions. How much will it cost to live comfortably in retirement? How much money is needed in order to pursue travel and other hobbies we enjoy? Importantly, how much is healthcare in retirement?
One of the financial consequences of COVID-19 was that people’s retirement plans were interrupted in various ways.
During an economic crisis like the COVID-19 pandemic, many people had to put their retirement plans on hold, or even borrow from retirement accounts, in order to afford household bills.
More than one income stream can help safeguard your well-thought-out early retirement strategy.
Part three in our how-to-retire-early series will focus on additional retirement income strategies that can help you turbocharge your way to early retirement.
401(k) Retirement Savings Plan
The tax advantages, plus plan features and benefits, make a 401(k) plan from Corebridge Financial an ideal way to help accumulate funds for your retirement.
457(B) Deferred Compensation Plan
A 457(b) Deferred Compensation Plan may provide you with an opportunity to take advantage of tax-deferred income for your retirement.
403(b) Retirement Savings Plan
The tax advantages, plus plan features and benefits, make a 403(b) plan with Corebridge Financial an ideal way to help accumulate funds for your retirement.
Interest rates are rising. What’s your next step as an investor?
In 2022, the Federal Reserve raised the federal funds rate 7 separate times. Is it any wonder investor concerns are rising, too?
But is it really a time to worry? Or is it an opportunity to capitalize?
You’ve probably heard of the terms “asset allocation” and “diversification.” They sound complicated, but really, the concepts are quite simple.
The more you understand about money, the better equipped you are to prepare for retirement. That’s the conclusion from a number of studies that have been conducted to explore the link between financial literacy and retirement preparedness over the past decade, by academics and financial experts.
Whether your idea of golden years perfection is training for an Ironman, launching a business, watching a ball game in every U.S. state, or simply spending more time with family and friends, retirement offers a unique opportunity to replace the nine-to-five with something vivifying, meaningful, and new.
What goes up must also come down. That’s true of Newton’s apples, your favorite wooden roller coaster, and — inevitably — the stock market.
Of course, different investors handle market ups and downs differently. Some are up for riding the drops like a coaster aficionado while others cling to the handlebars, wishing for a smoother ride.
When Americans think about growing older, many of them feel worried, according to research. They worry about their health, being a burden to their families, and not having a purpose.
What’s the value of 1? If you guessed $1 million then it’s likely you’re in on a little-known secret that helps the most savvy of savers effectively prepare for their golden years.
If you’re one of the millions of hardworking employees at a nonprofit, religious group, school district, or governmental organization, the 403(b) is likely your primary retirement vehicle.
A large influx of funds—an annual bonus, inheritance or capital gains from a property sale—can move the early retirement savings needle, but it’s everyday savings habits that can have the biggest impact.
No matter your age or wealth, when you step into retirement there’s one overarching concern that most people have: running out of money.
Managing your nest egg isn’t one distinctive event – it’s an ongoing process that needs to reflect life’s changes throughout retirement.
Multitasking is bad for productivity: If you’re in a meeting trying to send out emails while listening to the speaker, chances are one of those tasks is going to suffer. You need to give one task your full attention. But when it comes to your money, multitasking is a necessity.
Two questions I hear a lot from people who aren’t retired are: “When can I retire?” and “How much money do I need to retire?” They’re really variations of the same question. It’s the wrong question to ask, because most people approach the retirement-date question from the wrong direction.
When planning for your financial future, it's crucial to account for those little expenses that sometimes blindside you - like medical expenses or car repairs. Sometimes those little expenses turn into big expenses and you need a little more to cover the cost.
Women are the lifestyle leaders inventing the future of retirement. For a variety of reasons, women are generally better at aging than men. They are more dynamic, take on more roles and duties, and are more clear-sighted in regard to the new frontier of longevity—and they also live longer.
Many Americans do not have an accurate understanding of their finances. For example, research from Mint shows that three out of five Americans didn’t know the amount of money they spent the previous month.
Your 40s may not seem like the time to buckle down and get serious about retirement. But if your savings are nonexistent, it means you have plenty of work to do.
The decade before you retire is often crunch time for many would-be golden agers. It’s often a last- chance opportunity to fine-tune a plan that can set a successful retirement in motion.
With today's economic uncertainty and market volatility, it's important to understand the emotions that drive your investing decisions. Whether it's greed, fear, optimism or something else, knowing what motivates you can help you avoid making mistakes.
Regardless of your current income, your 20s and 30s is the best time to start building for your future. But investing for a retirement that's 40 years away - all while trying to pay down student debt, save for a home, pay for a wedding or meet other important expenses - can feel overwhelming.
In our busy lives as working women managing our careers, family, and financial priorities, we tend to put the needs of others before ourselves.
While retirement certainly brings about its share of unknowns, perhaps the most daunting prospect associated with this stage of life is the potential to run out of money.
You probably heard about Michael Rotondo, the 30-year-old New Yorker recently ordered by a judge to vacate his parents’ home. The story made national news — and for good reason. The notion of a young person “failing to launch” is every parent’s nightmare.
Besides the obvious benefits of being in a loving relationship, being part of a couple means you have double the power to accomplish those less-than-ideal tasks in life. Everything from doing chores to planning a social calendar can now become a team effort.
Historically markets rise, fall a bit, then rise again. That volatility may be difficult to stomach, particularly for the risk averse, but it’s also what creates buying and selling opportunities (another axiom: buy low, sell high!) for savvy portfolio managers.