There used to be what you might call “backsies” or a “do-over” on converting money from a traditional IRA to a Roth. You could pay the tax on the distribution, move the money and then change your mind ...

A 401 (k) is the most popular type of retirement account, but it's not the only option available. Others, like individual ...

Under normal circumstances, IRAs can’t be transferred or gifted to a new owner, but divorce is an exception. IRAs can be ...

For one, it has a much higher contribution limit than many other retirement accounts. In 2025, you can invest up to $23,500 ...

Recent market swings due to tariffs have unsettled investors, including IRA owners, though conditions have stabilized ...

Dear Savvy Senior, What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost ...

Schwab Center for Financial Research managing director of financial planning, Rob Williams, joins Mind Your Money with Brad ...

A Roth IRA can be a great way to save for retirement, as the accounts have no required minimum distributions and you can ...

Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...

Raymond P. asks Money Talks News: “I did my first IRA Roth Conversion in December 2023. In terms of the 5-year rule, I know the IRS considers the conversion date to be 1/1/23 for my conversion, so I ...

The SECURE 2.0 Act expands retirement savings options, including new tax credits, Roth changes and catch-up provisions.

April represented one of the biggest months for trades in Jane's retirement accounts. Learn more about the retirement income ...