A common approach to retirement income relies on withdrawing money from taxable accounts first, followed by 401(k)s and IRAs, ...

For 2025, single filers must have a modified adjusted gross income (MAGI) of less than $150,000 to contribute the Roth IRA maximum of $7,000, or $8,000 for those age 50 or older. For married couples, ...

If you have a Roth IRA or are thinking of getting one, you may be looking at ways to incorporate the account into your long-term plan. Established in 1997, the Roth individual retirement account ...

There are many options available, and it could be difficult to determine which account is best for your needs. The three most ...

If you're charitably inclined, using a qualified charitable distribution, or QCD, is a great way to reduce your RMD. Instead ...

Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, ...

Financial planning is a topic that can seem out of reach for many. This is especially true for those in Hawaiʻi who might feel like they need a large amount of money to get started.

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

IRA funds can be withdrawn to put toward a home purchase, but depending on your age and circumstances, there may be financial ...

Here are some key tax moves seniors should make before the April 15 tax filing deadline: ...

The first reason many people can retire earlier than expected is the tendency for spending to decline with age. According to ...

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