There’s a reason people are often encouraged to save for retirement in an IRA or 401(k) plan. These accounts offer a number ...

Almost four years after the SECURE Act went into effect, plan administrators, tax practitioners, and certain inherited IRA ...

The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

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The IRS has issued a crucial reminder for retirees in the U.S.: those turning 73 in 2024 must take their first Required ...

It was instead thought that beneficiaries could wait until year 10 to take out all the money, take annual distributions, or skip years, provided that the inherited IRA is fully depleted within 10 ...

The only option open to taxpayers at all income levels is a traditional nondeductible IRA, but this subjects investors to two big drawbacks: required minimum distributions (RMDs) and ordinary income ...

Socking away money for retirement is something that’s top of mind for many people. Here's what to know about traditional and ...

If you’ve inherited an individual retirement account, costly mistakes could shrink your balance. Here’s how to preserve your windfall, according to experts.

Retirement typically means shifting your focus from diligently saving your money over the course of years and decades to ...

Moving investments from an IRA to a 401(k) is called a reverse rollover. Though uncommon, there are advantages to this move, including protection against creditors and delayed required minimum ...

A little confusion over something that's seemingly simple can end up taking a costly toll when not handled properly.