Welcome to the May edition of the newsletter for CRTS™ certificants!
Should You Rent in Retirement?
Some people rent in retirement because they don’t have much choice; they can’t afford to own homes. But financial planners say renting can make more sense than owning in some circumstances, even for retirees who can afford the costs of homeownership.
Renting offers flexibility as well as freedom from all the chores and expenses of maintaining a home.
Who Should Consider a Roth Conversion Now?
If you’ve saved a lot for retirement, or your parents have, you could be affected by recent changes in the rules about retirement distributions.
The recently enacted Secure Act eliminated the “stretch IRA,” a strategy used by affluent investors to pass tax-advantaged money to their heirs.
What Is Medicare, and What Does It Cover?
Medicare is the federal government health insurance program for people age 65 and older and younger people living with certain illnesses or disabilities. Its coverage plays an important role in containing medical costs as you age. But Medicare benefits don’t pay for everything.