Thursday’s need-to-know money news

BabyBoomersRetirementSavings_largeToday’s top story: What to do when you’ve reached retirement age and don’t have anything saved. Also in the news: Social Security taxes, learning from your tax filing mistakes, and how to get cash from transferring your retirement account.

You’re Retirement Age With Nothing Saved For Retirement. Now What?
Don’t panic.

For some Social Security taxes can really pile up
A refresher course in Social Security tax basics.

Learn From Your Tax Filing Mistakes
Get in better shape for 2016.

Get Paid Cash to Transfer Your Retirement Accounts
Look for accounts that offer cash bonuses.