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  2. Only 30% of Americans have a plan to minimize the taxes ... - AOL

    www.aol.com/finance/only-30-americans-plan...

    Another popular tax minimization strategy among those who have a plan is to make qualified charitable distributions (QCDs). These allow people over 70-and-a-half to transfer up to $100,000 of ...

  3. I'm a Senior. How Can I Increase My Retirement Income? - AOL

    www.aol.com/seniors-using-plan-retirement-income...

    Many adults approaching retirement age have little to no retirement savings. In fact, the U.S. Government Accountability Office said that almost 50% of households headed by someone aged 55 and ...

  4. Best Perks for Seniors in All 50 States - AOL

    www.aol.com/best-perks-seniors-50-states...

    Senior discounts for almost all public transit systems (eligibility ages vary) $1 discount on parking and $2 discount on camping at 280 state parks (62 and older); no charge for low-income seniors ...

  5. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401 (k) plans ...

  6. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    If you’re still working — and many seniors are, according to the recent Bankrate Retirement Savings Survey — that includes paystubs, W-2s and tax returns. If you’re retired, it might include:

  7. 401(k) withdrawal rules: What to know before cashing out ...

    www.aol.com/finance/what-are-401k-withdrawal...

    The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...

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