Why Your Car Insurance Is So High, The Right Level of Risk for Retirees, Start Tax Planning Now if You Have a Pension

How Non-Traded REITs Could Give Your Roth IRA a Boost | The Earlier You Take Advantage of Your 401(k), the Better | Have a Pension? Smart Tax Planning Should Start Now Created for {EMAIL} | [Web Version]( May 5, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Investing [] [How Non-Traded REITs Could Give Your Roth IRA a Boost]( [How Non-Traded REITs Could Give Your Roth IRA a Boost]( (Getty Images) In addition to increasing the diversity of your portfolio, adding a non-traded REIT within your Roth IRA allows the resulting dividends to [grow tax-free](. Real estate investing expert Edward E. Fernandez shares the details. [] Saving for Retirement [] [The Earlier You Take Advantage of Your 401(k), the Better]( [The Earlier You Take Advantage of Your 401(k), the Better]( (Getty Images) The [power of compound interest]( can turn modest contributions into big savings for retirement. Financial professional Rich Guerrini expands on the benefits. [Top 5 Wealth Management Firms in the US]( If you're looking for help with wealth management, retirement, or tax planning, finding the top financial advisor in the United States means choosing between thousands of options. Check out the list of top 5 firms in the US for individual investors. [See the list]( ADVERTISEMENT [] Taxes [] [Have a Pension? Smart Tax Planning Should Start Now]( [Have a Pension? Smart Tax Planning Should Start Now]( (Getty Images) Adding pension income to Social Security benefits and income from required minimum distributions (RMDs) could see you facing [a tax torpedo and higher Medicare costs](. Financial planner Joe F. Schmitz Jr. suggests ways to avoid that. [] Insurance [] [Why Is Your Car Insurance So High? (What You Can Do)]( Inflation, technology and bad drivers have jacked up everybody's insurance rates, but there are a few things you can do, courtesy of insurance expert Karl Susman, to possibly lower yours. [Read More]( [3 Key Power Grid Solutions To Invest In]( Unlock growth potential in utility stocks. Tap into the smart grid revolution for consistent dividends and resilient investments. [READ MORE]( ADVERTISEMENT [] Retirement Planning [] [In Retirement, What's the Right Level of Risk for You?]( Financial professional Scott Noble points out that your situation and retirement goals call for an investment approach that takes into account your risk tolerance, risk comfort and capacity for risk. [Read More]( [Do You Need a Retirement Spending Plan?]( Spending your hard earned retirement money can be complicated—and it's important to make the right decisions that will help your savings last. Vanguard Personal Advisor is built to provide you an ongoing collaboration with our professional advisors — no matter where you are in your journey. [LEARN MORE]( ADVERTISEMENT [] RELATED KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [What to do if you're nearing retirement with student loan debt]( Many older adults will struggle with rising costs (health care and otherwise) and not enough savings. Here's how they can manage lingering student debt. [Tips to help single women struggling to save for retirement]( The gender wage gap and taking time away from the workplace for caregiving duties make saving for retirement a bigger challenge for many women. [How AI can help take the emotion out of investor decisions]( AI-driven recommendations can complement human judgment, leading to more rational choices that aren't as influenced by biases and blind spots. 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