The interactions between Social Security and other income can cause unexpected tax results. Here we provide 7 key things you need to know when taking Social Security and how and when it is taxed.

Why roll over a 401(k) into an annuity

Many American workers have assets in one or more employer-sponsored retirement plans (i.e., 401(k), 403(b), profit-sharing plans) to help save for the future. But what happens if you change jobs? Oftentimes, these accounts don’t come with you, so they are set aside to deal with later – in fact, an estimated 1 in 5 U.S. workers have left behind or forgotten retirement accounts.

Most Americans become eligible for Medicare at age 65, but receiving the right benefits for your needs isn’t automatic. You need to sign up — and make some big choices once you do. If you’ve taken a look at the process and feel confused, you’re not alone. One study finds that nearly 29 percent of Americans aged 65 or over don’t fully understand the Medicare health insurance they rely on for coverage. Here’s an overview of the different parts of Medicare and answers to some of the most common questions pre-retirees have about coverage.