Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. If you're at least 73 years old and own ...

But if you turned 73 last year, you actually have until April 1, 2025, to make your first RMD. These mandates can be a bit confusing at first, but once you've dealt with them once or twice ...

AARP offers eight Medicare supplement (Medigap) plans to members. However, members cannot purchase every plan in every state or county. You may be eligible to purchase an AARP Medicare plan if you ...

Most retirees have to start taking RMDs when they turn 73. The RMD requirement depends on your age and your account balance at the end of each year. Calculating your RMD is rather straightforward ...

Enacted with support from AARP, the key provisions of SECURE 2.0 aim to bolster ... SECURE 2.0 has ushered in these additional RMD changes: The excise tax for failing to take the full distribution was ...

AARP/UnitedHealthcare Medigap costs an average of $158 per month for Plan G and comes with impressive benefits. AARP Medicare Supplement plans are a good option if you want extra perks. The company's ...

AARP insurance through the Hartford Insurance Group can be an affordable option with its variety of discounts for members. AARP ® members are given exclusive access to auto insurance policies ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds ...

If you don't need the income, this can lead to higher taxes. A financial advisor can help you create an effective RMD strategy to lower your tax liability and better manage your retirement savings.

The federal minimum wage in the United States has remained stagnant at $7.25 per hour since 2009. This 16-year freeze marks the longest period without adjustment since the minimum wage was first ...

Minimum wage workers in Florida, your paychecks will get another bump this year and the next on the way to $15 an hour. That's thanks to the amendment Floridians approved in 2020 to raise the wage ...