By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...
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.
Explore the differences between SEP and Keogh plans, designed for small business owners seeking higher retirement ...
Discover the new 2026 IRS retirement contribution limits and Roth catch-up mandate. Learn how higher 401(k), 403(b), and ...
For many savers, the individual retirement account is the most flexible way to build a nest egg alongside, or even instead of, a workplace plan. Understanding what an IRA is, how it works, and which ...
If you don't have access to a 401(k) through work, there are other options for retirement saving. Many, or all, of the products featured on this page are from our advertising partners who compensate ...
Question: I'm 54 with a $320,000 IRA and am transitioning into self-employment with a projected annual income of $120,000. How much of that can and should I be saving for retirement? What are the best ...
The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs. Americans who contribute to 401(k) and 403(b) plans, as well as governmental 457 plans and ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...
Nov. 13 (UPI) --People can place more into their 401(k) and IRA retirement accounts in 2026 after the Internal Revenue Service announced limit increases on Thursday. The new limits are $24,500 for 401 ...
Do yourself a favor: Check the heirs named on your IRA or 401(k) retirement plans. Then check your parents’ accounts. A lot is riding on these designations, and it’s easy for life to outrun planning ...
A qualified charitable distribution is a direct transfer from your pretax IRA to a qualified charity. Instead of withdrawing the money and then donating it, which counts as taxable income because it ...