One of the biggest mistakes to avoid is withdrawing money early. If you take money out of your IRA before the age of 59 ½ — ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...

Retired workers in the United States reaching the age of 73 must ensure they comply with the Required Minimum Distribution ...

Relying primarily on savings from a 401(k) plan to fund retirement dreams could potentially set retirees up for financial ...

Required minimum distributions are taxable withdrawals from ordinary (non-Roth) IRAs that the Internal Revenue Service (IRS) ...

Many people use individual retirement accounts — more commonly known as IRAs — to save up money for their non-working years. Investing in an IRA is an effective way to make sure you're setting ...

A 401(k) plan allows individuals to save for retirement with tax advantages and employer matches they forego when saving ...

Financial security in retirement is a goal worth pursuing, but it’s one that a significant percentage of individuals feel is ...

A crucial aspect of these legislative changes is the impact on trusts named as beneficiaries of retirement accounts. This ...

There’s an inherited IRA rule change for 2025 that could trigger a 25% tax penalty for certain heirs. Here’s what investors ...

You may be aware that Social Security benefits grow over time thanks to annual cost-of-living adjustments. But are these ...