Required minimum distributions (RMDs) from pre-tax retirement accounts can have a number of unintended consequences. These ...

Among workers who have access to a Roth 401(k), only 17% contribute to one. Here's why others want to start ASAP.

At age 55 with $900,000 in a traditional individual retirement account (IRA), converting $100,000 per year to a Roth IRA ...

The tax and retirement planning expert shares what you need to know about the 10-year rule for inherited IRAs, which kicks in for 2025.

The IRS can require you to withdraw money from your savings each year or face steep tax penalties. These mandatory annual ...

Roth IRAs, on the other hand, do not offer a tax break on contributions. Instead, they offer tax-free gains and withdrawals, ...

If deciding what to do with an old 401(k) plan has been on your to-do list, here are the key steps you should take to get it done.

If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...

Social Security income is a lifeline many seniors count on to help fund their retirement. But if you're a millennial or Gen ...

This is the time of year when people's minds are filled with tax issues — whether they're searching for free tax help they can trust, trying to squeeze out more valuable ...

Many taxpayers miss out on the chance to lower their tax bill because they don't realize they qualify for valuable benefits.

A Roth IRA works similarly but instead of waiting to pay taxes on withdrawals, you pay tax upfront and not in the future when you take out the money. These are often more effective for people who ...