Arizonans who have been squirreling away money into tax-deferred retirement accounts may get a cash bonus from the state.

A Roth IRA can be accessed anytime for any reason and is tax- and penalty-free. With the Secure Act, a Roth IRA can continue ...

The deadline for certain individuals to begin receiving required minimum distributions (RMDs) is fast approaching. That day is April 1 — but the IRS is not fooling.

Explore the tax benefits of reverse mortgages, including strategies for Roth conversions and delaying Social Security.

You can start taking money from your 401 (k) penalty-free at age 59 ½. So you shouldn't be penalized if you are 60 and ...

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a traditional IRA instead and then convert it to a Roth. While you can only ...

As retirees approach the age of 73 in 2024, it's crucial to understand the rules surrounding Required Minimum Distributions ...

When planning for your retirement, one of the most critical decisions you will make is structuring your estate plan. Many consider naming a trust as their Individual Retirement Account (IRA) ...

Are there different rules for the spouse versus children inheriting a Roth?' Is there a time I should start withdrawing from a Roth IRA or should I just leave it for my heirs? When inheriting a Roth, ...

RMD rules are more than just guidelines, according to EBRI research released last week, but are clearly a defacto default strategy.

he will pay only $600 for income tax on the IRA distribution. An after-tax Roth IRA allows you to pay your current tax rate on your Roth IRA contributions. That means withdrawals in retirement ...

For 2025, single filers must have a modified adjusted gross income (MAGI) of less than $150,000 to contribute the Roth IRA maximum of $7,000, or $8,000 for those age 50 or older. For married couples, ...