When you leave a job, it’s generally a good idea to take your 401(k) plan with you. This doesn’t mean you should cash it out, ...

Traditional IRA Contribution Limits ... and if a workplace retirement plan covers you or a spouse. There may be some years when it’s in your budget and others when it is not, such as if you ...

Taxes are a valid concern if you want to roll over $720,000 from your retirement fund into a Roth IRA. While you won’t pay ...

Saving for retirement in a tax-advantaged plan makes a lot of sense. Why not reap some IRS benefits in the course of building ...

Growth and retirement withdrawals from a Roth IRA are tax-free, allowing investors to benefit from compounding over time. A ...

Traditional IRA contributions may be tax-deductible depending on your modified adjusted gross income (MAGI) and whether you (or your spouse) have a workplace retirement plan. You can deduct ...

Contribution limits are not reduced to a Roth or traditional IRA based on 401(k) participation, so maximize contributions if ...

While many of us are limited in our options for retirement by our finances, most of the details of which type of retirement ...

Taxable distributions: If you withdraw money from a traditional IRA and move it to a 529 plan, you’ll pay income tax on the distribution. With both types of IRAs, you might also pay an early ...

Some plans let you access the money while you ... you move money from a pre-tax retirement account, such as a traditional IRA or 401(k), to a Roth, you have to pay taxes on that income.

A 529 plan is a tax-advantaged investment account ... Your options depend on the type of IRA you have. If you cash out a traditional IRA and move the funds to a 529, you’ll pay a 10 percent ...