3 Ways to Reduce Your Required Minimum Distribution (RMD) and Pay Less in Taxes
If you're charitably inclined, using a qualified charitable distribution, or QCD, is a great way to reduce your RMD. Instead ...
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At 65 With $850k in an IRA, Should I Convert to a Roth to Avoid RMDs?
Required minimum distributions (RMDs) from pre-tax retirement accounts can have a number of unintended consequences. These ...
Only 17% of Americans Use This Amazing Retirement Account
Among workers who have access to a Roth 401(k), only 17% contribute to one. Here's why others want to start ASAP.
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I'm 55 With $900k in an IRA. Is Converting $100k a Year to a Roth a Smart Move?
At age 55 with $900,000 in a traditional individual retirement account (IRA), converting $100,000 per year to a Roth IRA ...
Ed Slott: Confronting RMD Confusion for Inherited IRAs
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.
Four Roth IRA Pitfalls Your Adviser May Not Tell You About
Roth IRAs, on the other hand, do not offer a tax break on contributions. Instead, they offer tax-free gains and withdrawals, ...
Thinking of rolling over your old 401(k) into an IRA? Here's how.
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.
Should Your Kids Have A Roth IRA?
If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...
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‘I’ve opened a hornet’s nest’: My mother-in-law lists my husband as beneficiary on her $1 million IRA. But her will does not. Which wins?
She has a traditional IRA worth $1 million left to her by her ... someone who does not have bad actors putting pressure on them to take advantage of your mother-in-law’s diminished capacity.
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Will Social Security Even Exist When I Retire? What Gen Z and Millennials Need to Know
Social Security income is a lifeline many seniors count on to help fund their retirement. But if you're a millennial or Gen ...
Taxes on stocks: Here are the rules and rates
You pay taxes on stocks you sell for a profit. How much you pay depends on how long you hold the stock, your income, and your ...
Answers to 15 Common Tax Questions
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 ...