When you reach retirement age, financial decisions become even more important as you are no longer generating income from ...

Here’s how to avoid rampant confusion about MAGI, tax-free Roth IRA withdrawals and charitable donations using IRA funds.

Roth IRAs allow your savings to grow tax free and allow tax free withdrawals in retirement. Your income determines whether ...

If you’re looking to save for retirement, an IRA is a great place to start. Here are the best places to open an IRA account.

For example, some beneficiaries choose to only take the RMDs and end up with a large remaining balance in year 10, which then ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

You can roll over your unused 529 dollars into a Roth IRA or ABLE account, but there are limits. One common concern is ...

Your beneficiary designation will often control where your IRA goes once you pass away. Make sure you don't leave unintended ...

The epic OBBBA tax law brings glad tidings to most families, but complacency can lead to costs for financial advisors and their clients.

When the IRS first put out Publication 590-B in 2021 for the 2020 tax year, it offered an example that implied someone (a non ...

The SECURE Act of 2019 and the SECURE Act 2.0 of 2022 all but fundamentally changed retirement account rules in ways that continue to catch both retirees and their beneficiaries by surprise. The ...

Dear Liz: When I retired, I had a small 401 (k) with about $12,000 in it. Instead of rolling that money into an IRA, I took a distribution and paid taxes on it. I had no immediate need for the ...