1. Articles from Fool.com

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    1. What Happens If You Sign Up for Medicare Before Social Security?

      Seniors are allowed to file for Social Security as early as age 62, and many are quick to exercise this option. In fact, 62 is actually the most popular age to file for Social Security, even though seniors have between then and age 70 to sign up for benefits. Medicare eligibility, meanwhile, begins at age 65, and as such, it's not uncommon for seniors to be on Social Security already by the time their initial enrollment window opens.

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      Mentions: Medicare retirement
    2. 3 Ways to Legally Get Out of Paying Taxes in Retirement

      3 Ways to Legally Get Out of Paying Taxes in Retirement

      Let's face it: Taxes are a drag at any time in life. But in retirement, they can constitute a major strain on your limited financial resources. As such, it pays to find ways to lower your tax burden as a senior, and here are three ways to do it. 1. Save in a Roth IRA or Roth 401(k) IRAs and 401(k)s come in two main varieties: traditional and Roth. With the former, contributions go in tax-free, and workers get an immediate tax break for funding their accounts.

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    3. What's the Difference Between a Tax Deduction and a Tax Credit?

      What's the Difference Between a Tax Deduction and a Tax Credit?

      You're offered the choice between a $1,000 tax deduction or a $1,000 tax credit: Which do you take? If you're not familiar with the difference between tax deductions and tax credits, you won't know which represents the better deal for your tax return. They both reduce the amount of your hard-earned cash that goes to the government, but in different ways. Below, I'll explain how the mechanics of tax deductions and tax credits differ, as well as walk you through some of the most popular ones.

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    4. What's a 403(b) Retirement Plan?

      What's a 403(b) Retirement Plan?

      It's important to save for retirement, but it's hard to do it all on your own. There are many tools you can use to boost your independent retirement savings, such as a regular investment account or tax-favored IRAs. But many workers are fortunate enough to get some help from the companies they work for, and employer-sponsored retirement plans often have attractive features that demonstrate your employer's commitment to helping you retire in comfort.

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    5. 4 Social Security Changes That Could Impact Your Take-Home Pay in 2019

      4 Social Security Changes That Could Impact Your Take-Home Pay in 2019

      Social Security is our nation's most important social program. Each month, nearly 63 million people receive a traditional Social Security benefit check (i.e., not including Supplemental Security Income), of which roughly 70% are retired workers. Of these aged beneficiaries, more than 3 out of 5 are reliant on Social Security for at least half of their income. Without this program and the guaranteed income it provides to eligible beneficiaries, the elderly poverty rate would likely soar.

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    6. Social Security: Why Claiming Early Could Be All the Rage Next Decade

      Social Security: Why Claiming Early Could Be All the Rage Next Decade

      Whether you realize it or not, you're probably going to be reliant on Social Security for a portion of your retirement income. According to data from the Social Security Administration (SSA), 62% of current retirees lean on the program for at least half of their income, with just over a third reliant on Social Security for virtually all (90%-plus) of their income.

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    7. Are Americans Getting Their Money's Worth From Social Security?

      Are Americans Getting Their Money's Worth From Social Security?

      According to an analysis from the Center on Budget and Policy Priorities, no social program does more for the American public than Social Security. Of the more than 62 million people receiving a benefit check each month, an estimated 22.1 million are kept out of poverty as a result of their payout. Of these 22.1 million, slightly more than 15.3 million are retired workers. Put in another context, the elderly poverty rate would be more than four times higher if Social Security didn't exist.

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    8. Two-Thirds of Adults Don't Know How Their Investments Are Taxed

      Two-Thirds of Adults Don't Know How Their Investments Are Taxed

       About 66% of adults in or near retirement don't understand how capital gains taxes affect their income in retirement, according to a recent Nationwide survey. The short answer is it won't have any impact on your retirement income unless you have some savings in a non-retirement investment account. But that doesn't mean that you don't pay any taxes on your retirement savings at all. Here's an overview of what you need to know about taxes in retirement.

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    9. 4 Big Benefits of a Roth IRA

      4 Big Benefits of a Roth IRA

      Some investors shy away from Roth individual retirement arrangements (IRAs) because, unlike traditional IRAs, they do not provide the potential for an immediate tax deduction . Place money in a regular IRA, this line of thinking goes, and as long as you meet the income requirements, your money is safe from the tax collector for the year in which the contribution took place -- and every year thereafter until you withdraw it.

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    10. Retiring in 2018? You Might Need $280,000 to Cover This One Big Expense

      Retiring in 2018? You Might Need $280,000 to Cover This One Big Expense newsfeedback@fool.com (Christy Bieber) Save So you think you're ready to leave the workforce? Before you hand in your notice, make sure you're fully prepared to support yourself during retirement. And this doesn't just mean having enough money in your travel fund. There's one big expense that could cost you a fortune during your senior years: healthcare.

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      Mentions: Medicare retirement
    11. Can I Get on Medicare as Soon as I Retire?

      Can I Get on Medicare as Soon as I Retire? newsfeedback@fool.com (Maurie Backman) Save Millions of seniors rely on Medicare to pay for their health-related needs. But many near-retirees make one dangerous assumption: that they'll be eligible for Medicare coverage the moment they leave the workforce. If you're wondering whether you can get on Medicare as soon as you retire, the answer is that it depends on when you decide to bring your career to a close.

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    12. The Most Confusing Thing About Social Security

      The Most Confusing Thing About Social Security

      Social Security plays a vital role in your retirement planning. With the potential to receive hundreds of thousands of dollars in Social Security payments throughout your golden years, it's essential to make smart decisions based on all the facts that are available to you. Yet several aspects of Social Security are confusing to people, and that can lead them to make decisions that aren't as good as they'd be if they fully understood their options.

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