Don’t Run Out Of Social Security Benefits – Do This, Can the IRS Secretly Probe Your Bank Records?, Money Liquidity When Banks Fail

Is the Stock Market Open on Memorial Day? | 3 Considerations for Stashing Cash After Bank Failures | The IRS Can Secretly Obtain Your Bank Records Created for {EMAIL} | [Web Version]( May 26, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top story [] [Is the Stock Market Open on Memorial Day?]( [Is the Stock Market Open on Memorial Day?]( (Getty Images) The federal holiday, originally known as Decoration Day, honors fallen military personnel. Find out [what’s in store for the markets here](. [] Savings [] [3 Considerations for Stashing Cash After Bank Failures]( [3 Considerations for Stashing Cash After Bank Failures]( (Getty Images) People are understandably nervous about the safety of their cash accounts. [This three-bucket method]( helps you divide your funds based on when you’ll need to access them, writes financial planner Samuel Gaeta. [5 Things You Want from Your Retirement Income Plan]( Here's what Go2Income plan holders say about their retirement income objectives: Don't Run Out of Money Grow Income Each Year Leave a Legacy for Kids Build Reserve Fund for Unplanned Expenses Increase Spendable Income by Reducing Taxes We can help you balance your objectives with a complimentary Go2Income Plan [ORDER YOUR PLAN]( ADVERTISEMENT [] In Case You Missed It [] [The IRS Can Secretly Obtain Your Bank Records]( [The IRS Can Secretly Obtain Your Bank Records]( (Getty Images) Under an existing statute, the IRS can secretly probe your bank records and potentially your relatives’ bank records without notice. [What does this mean for taxpayers](v? [] Retirement Plans [] [Save Social Security and Defer RMDs With This Option]( [Save Social Security and Defer RMDs With This Option]( (Getty Images) Seventy percent of Americans worry Social Security will run out of funding in their lifetimes. Investment adviser Chris Heerlein [explains how tweaking retirement law]( to allow voluntary opt-outs and deferred RMDs could preserve the program for those who need it most. [Get Matched With Vetted Financial Advisors]( With thousands of options available, SmartAsset simplified the time-consuming process of finding a financial advisor with their free, five-minute quiz. Answer a few questions to get matched with up to 3 vetted financial advisors serving your area. Try it today. [LEARN MORE]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger's Personal Finance Magazine [Build wealth. Cut taxes. Retire rich.]( Get a [FREE ISSUE]( of Kiplinger's Personal Finance magazine, and save up to 74% to subscribe. Includes special issues such as Investing Outlook, Retirement Planning, Mutual Fund Roundup, and Guide to ETFs. Count on Kiplinger for trustworthy help to make more money, keep more of the money you make, and live a financially secure life. [CLICK HERE]( [] Personal Finance [] [Three Essential Legal Documents Your Child Should Sign When They Turn 18]( Legal documents such as durable power of attorney, a healthcare proxy and a HIPAA release can give parents the legal right to make decisions if their child needs help, writes accountant Allen Falke. [Read More]( [] Travel [] [How to Save on Booking a Cruise]( Cruises can be a great option to get away with friends and family. The editors at Kiplinger have found three methods to save money on these getaways. [Read More]( [Looking for a Flexible Way to Save? Consider a CD Ladder]( As the Federal Reserve attempts to rein in inflation by raising a key interest rate, the rates on CDs have also gone up. Here are 5 common questions about CD Ladders that can help you build your own and start earning better returns on your savings. [READ MORE]( ADVERTISEMENT 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’s Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger’s Retirement Report]( and [Kiplinger’s 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:mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036