Beneficiaries who postpone claiming Social Security past full retirement age have the option of receiving a lump-sum payment for up to six months of benefits when they finally apply.
The stocks in the S&P 500 are classified by 11 sectors, each of which responds differently to market conditions.
Hybrid long-term care insurance policies, also known as asset-based plans, combine the benefit of a life insurance policy or an annuity with the availability of long-term care benefits.
Roth accounts offer no current-year tax benefit, but they can provide tax-free retirement income.
