Gold IRAs offer physical gold for retirement, but higher fees and strict IRS rules pose challenges for investors

Gold IRAs offer retirement savings through physical gold but come with higher fees and strict IRS rules. (Pexel)

Gold IRAs allow people to save for retirement through physical gold. A gold IRA is a type of self-directed individual retirement account that lets investors hold physical gold as part of their retirement savings. It can also include other precious metals, such as silver, platinum and palladium. Gold IRAs offer retirement savings through physical gold … Read more

Trump Accounts could grow into retirement savings: Bessent says child accounts may complement Social Security

Scott Bessent says Trump Accounts could boost retirement savings alongside Social Security. (AP Photo)

US Treasury Secretary Scott Bessent said the child savings accounts known as Trump Accounts could work alongside Social Security and help improve retirement security for younger Americans. Scott Bessent says Trump Accounts could boost retirement savings alongside Social Security. (AP Photo) Bessent said the accounts could give children a separate pool of money that may … Read more

An Alabama man fought a power company over a 74-mile transmission line planned across his 416-acre retirement property; after crews moved within 500 yards, a judge temporarily blocked them from entering

An Alabama man fought a power company over a 74-mile transmission line planned across his 416-acre retirement property; after crews moved within 500 yards, a judge temporarily blocked them from entering

A landowner in Shelby County, Alabama, has won a temporary court order stopping utility crews from clearing land on his 416-acre retirement property. The order has paused construction work on part of a major regional power project. Circuit Judge Jonathan A. Spann issued a preliminary injunction blocking Alabama Power from entering Fenn Church’s property. The … Read more

Australian couple spent $500,000 building their retirement home; it was constructed on the wrong block and later had to be moved 100 metres

Australian couple spent $500,000 building their retirement home; it was constructed on the wrong block and later had to be moved 100 metres

Couple had built their home on the neighbour’s block, PC: A Current Affair Melanie and David Moor spent more than $500,000 on what they expected to be their retirement home in Camperdown, south-west Victoria, only to discover that the house had been placed entirely on a neighbouring block. The couple had bought land in a … Read more

Social Security 2027 changes: COLA may rise 3.5%, but will full retirement age change?

Social Security benefits and the 2027 COLA increase explained.
(Photo by Kayla Bartkowski / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

Social Security is set for some changes in 2027, but the final numbers are not out yet. The official changes, including the 2027 cost-of-living adjustment (COLA), are expected to be announced on October 14, after the latest Consumer Price Index (CPI) data is released. Social Security benefits and the 2027 COLA increase explained. (Photo by … Read more

After his wife of 43 years died, a New York widower looked for companionship online; the woman he met was fake and took $800,000 from his retirement savings

After his wife of 43 years died, a New York widower looked for companionship online; the woman he met was fake and took $800,000 from his retirement savings

When Simon’s wife of 43 years died, the loss left him struggling with a loneliness he had never known. Like many widows and widowers, he eventually turned online, hoping to find some companionship. Instead, he found Emily. The woman seemed real. The conversations continued and a relationship began to take shape. But Emily did not … Read more