Social Security Clawbacks Are Changing, How RMDs Affect Your Taxes, Homebuyers' Top Pet Peeves

Five Estate Planning Things You Need to Do Now | Social Security Administration Changes Payment Clawback Policy | 20 Things Home Buyers Will Hate About Your House Created for {EMAIL} | [Web Version]( April 4, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [Retirement Tips]( [SIGN UP]( ⋅ [WEBSITE]( [] Your Estate [] [Five Estate Planning Things You Need to Do Now]( [Five Estate Planning Things You Need to Do Now]( (Getty Images) Everyone wants an estate plan, but not everyone has one. A recent survey indicates that 67% of Americans are likely to die without an estate plan. CFP Joe Schmitz, Jr., shares [five key estate tasks]( you should complete right away to [safeguard your family](. [] Social Security [] [Social Security Administration Changes Payment Clawback Policy]( [Social Security Administration Changes Payment Clawback Policy]( (Getty Images) The Social Security Administration (SSA) announced a change to [how they will collect overpayments]( that were given to recipients, following months of criticism and conversation about its [massive overpayments problem](. [4 Options to Consider With Your 401(k) When You Switch Jobs]( You've worked hard to save money in your 401(k) or 403(b) and if you're like most Americans, you're likely to change jobs (and employers) multiple times during your career. There are a few different options you can take with your 401(k) when you switch jobs. [READ MORE]( ADVERTISEMENT [] Downsizing Your Home [] [20 Things Home Buyers Will Hate About Your House]( [20 Things Home Buyers Will Hate About Your House]( (Getty Images) If you've been considering listing your property, now might be the time to take advantage of [low inventory]( and intense homebuyer competition. Just don't let the small -- or big -- fixes around your house that have added up over the years [sabotage your bottom line]( during a sale. [] Money & Marriage [] [What to Expect in a Gray Divorce (and Three Steps to Prepare)]( [What to Expect in a Gray Divorce (and Three Steps to Prepare)]( (Getty Images) Legal costs, [how assets are divided](, and other expenses can be eyebrow-raising. Being prepared before you start the process is critical. Evan T. Beach, CFP, clears up some of the [financial shocks older divorcees can experience](. [6 Common Social Security Myths]( When it comes to how your Social Security benefits work, misconceptions are common and widespread. There are also many competing points of view on how to best utilize the program's benefits. Here are six myths about Social Security — debunked. [READ MORE]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Retirement Planning 2024 [Plan and enjoy a worry-free retirement.]( Whether you've already left the workforce or you're just beginning to think about it, [Kiplinger Retirement Planning 2024]( will show you how to maximize your 401(k), select top-performing investments, get the most from Social Security, protect your estate, ensure affordable top-notch health care and much more. [Click to see table of contents.]( [] Taxes in Retirement [] [Required Minimum Distributions (RMDs): Key Points to Know]( [Required Minimum Distributions (RMDs): Key Points to Know]( (Getty Images) It is important to have a good grasp of required minimum distribution [(RMD) rules and the tax implications that come with them](. That can help you manage your tax obligations effectively in retirement. To get started, here is an [overview of some core RMD concepts](. [Increase your retirement income – and make it last a lifetime]( Income annuities are paying 25%-45% more than last year. By balancing guaranteed income and income-focused investments, you can increase your income, lower your risk and minimize your taxes. We can show you your increase with a complimentary Go2Income plan. [Order Your Plan]( ADVERTISEMENT [] Investing [] [The Kiplinger 25: Our Favorite No-Load Mutual Funds]( [The Kiplinger 25: Our Favorite No-Load Mutual Funds]( (Getty Images) The Kiplinger 25 ranks our staff's [top recommended funds]( for investors at any stage of life. We favor [funds run by seasoned managers]( who take a long view and have proved themselves able to weather nearly every storm. [] RELATED KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [10 Things You Need to Know About Health Savings Accounts]( If you don't have many medical expenses now, in the long term you'll be able to benefit even more from the tax advantages of an HSA. [How to Know if You're Affected by the AT&T Breach and What to Do About It]( Current and former AT&T customers may have had their personal information, including Social Security numbers, leaked on the dark web. [JetBlue Is Charging More for a Checked Bag Depending on When You Fly]( You could pay an extra premium for checked bags on JetBlue if you fly during peak travel dates. [Sign up free for A Step Ahead: Guidance on how to navigate today's challenges to business, the economy, and financial markets.]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:alerts@kiplinger.com) | [ADVERTISE]( [Future]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036