There are plenty of ways to analyze your retirement strategy. Sometimes, when we have lots of concrete information, we can ...

The Kiplinger Tax Letter helps you stay right on the money with the latest news and ... First, similar to Roth IRA owners, Roth IRA beneficiaries are not taxed on distributions.

Thirty-one percent of households owned IRAs in 2022, according to a report from the Congressional Research Service. Among IRA ...

The realities you face when you stop working might be a far cry from your retirement dream. Of course, retiring broke is bad, ...

Facing a future tax hit on your retirement savings? A Roth conversion may be a way to lower the taxes you owe.

You can roll it over into an individual Roth IRA. You can take a lump-sum cash distribution ... If you choose to cash out your Roth 401(k), you are reducing the amount of money available to you during ...

When saving for retirement, you'll typically have two choices for how you'll fund your IRA. With a traditional IRA, you'll ...

The average tax refund is over $3,300 this year, according to the IRS—but financial experts say that means you are giving the ...

How much to save for short-term goals versus retirement.

This move allows you to take money out of a tax-deferred account like a traditional IRA or 401(k), pay the tax on the income, and then convert the withdrawal into a Roth IRA account, where it can ...

Making a last-minute contribution to an IRA before the 2024 tax filing deadline could reduce your 2023 tax bill. Be aware of the income limits associated with IRAs and Roth IRAs to see if you're ...