Is 100 the New 70?, Optimize Your Social Security Benefits, Charitable Remainder Trust Is a Stretch IRA Alternative

Don't Forget to Update Beneficiaries After a Gray Divorce | What's the Difference Between a CPA and a Tax Planner? | Charitable Remainder Trust: The Stretch IRA Alternative Created for {EMAIL} | [Web Version]( April 21, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Marriage & Divorce [] [Don't Forget to Update Beneficiaries After a Gray Divorce]( [Don't Forget to Update Beneficiaries After a Gray Divorce]( (Getty Images) Some states automatically [revoke a former spouse as a beneficiary]( on some accounts. Waivers can be used, too. Best not to leave your beneficiary designations up to your state, though, financial adviser Andrew Hatherley says. [] Financial Planning [] [What's the Difference Between a CPA and a Tax Planner?]( [What's the Difference Between a CPA and a Tax Planner?]( (Getty Images) CPAs do the important number crunching for tax preparation and filing, but tax planners look at the big picture and come up with tax-saving strategies. Financial planner Joe F. Schmitz Jr. details the [different duties of each](. [Top 5 Wealth Management Firms Revealed]( Asset growth and preservation are two sides of the same coin. Working with a top wealth management firm can provide access to strategies for all of life's different stages. Here's the list of top U.S. firms for individual investors. [See the list]( ADVERTISEMENT [] Estate Planning [] [Charitable Remainder Trust: The Stretch IRA Alternative]( [Charitable Remainder Trust: The Stretch IRA Alternative]( (Getty Images) The SECURE Act killed the stretch IRA, but according to financial planner Brandon Mather, a properly constructed charitable remainder trust can deliver [similar benefits](, with some caveats. [] Social Security [] [Strategies to Optimize Your Social Security Benefits]( To maximize what you can collect, it's crucial to know when you can file, how delaying filing affects your checks and the income limit if you're still working. Financial adviser JB Beckett shares some strategies. [Read More]( [Veterans: Unlock VA Homebuying Benefits]( The VA Loan is a powerful homebuying tool for Veterans and military families. Talk with one of our experts to find out how to use your VA benefits to purchase a home in today's market. [READ MORE]( ADVERTISEMENT [] Retirement Planning [] [Is 100 the New 70?]( Eating well, exercising, getting plenty of sleep and managing chronic stress can help make you a SuperAger. Financial professional Phil Wright points out that funding that long life requires longevity literacy, though. [Read More]( [Help Minimize Your Taxes in Retirement]( Our advisors can help you focus on withdrawing your retirement money in a way that helps keep your taxes low. The less you pay in taxes, the longer your money can last. You've worked hard to build up a nest egg and Vanguard advisors are here to help. [LEARN MORE]( ADVERTISEMENT [] RELATED KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [Things to do when retired and bored]( Check out 12 ways to prepare now for retirement so that you'll be happy, active, fulfilled and never, ever bored. [Retirees face significant tax bills due to fraud]( A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings. [Nine lessons to be learned from the Hilton family trust contest]( Disclaimers, good communication, post-marital agreements and more could help avoid conflict in a family after the owners of a wealthy estate pass away. For the latest ways to earn 5% to 7% cash yield safely and reliably, plus 4 Model Portfolios to show you exactly where to put your money, bank on [Kiplinger Investing for Income]( 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