Tag: 401k
Four out of five retired households will pay little or no income taxes. But the tax rates at the highest income levels are meaningful, averaging 11 percent of household income and as much as 23 percent at the very top. These estimates come from a new analysis by the Center for Retirement Research that sheds…
Construction and factory workers, truck drivers, and cleaning crews don’t always have the flexibility to work a few extra years to beef up their monthly Social Security checks. Several blog readers stressed this point in their comments on a recent blog article, “Changing Social Security: Who’s Affected.” Lorraine Porto retired from a desk job, but…
