Trump accounts, a proposed tax-advantaged investing account for parents, have gotten a makeover in the Senate version of the ...

Income limits also exist to determine eligibility for tax deductions (Traditional IRA) or to contribute to a Roth IRA. These ...

The Balaban Group, an independent life-insurance, benefits, and estate-planning firm serving affluent families since 1986, ...

Understand the consequences of withdrawing money from a 401(k) or IRA retirement account for emergencies and create a plan to ...

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 ...

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

Financial plans based purely on growth, like the 60/40 portfolio, are built for a different era. Today’s retirees need plans ...

Not all money in a Roth Thrift Savings Plan account is automatically tax-free, and there are several things to consider before making a withdrawal to avoid tax and other penalties.

When businesses replaced their defined benefit pension plans with 401 (k)s, most workers focused on setting aside dollars on a pre-tax basis in traditional 401 (k) plans or other IRA-based ...

I'm 65 with $400K in a traditional IRA. I plan to work into my 70s but I'm worried about taxes — should I convert to a Roth IRA and take the tax hit now while I'm still working? Monique Danao ...

Traditional IRAs Funds put into traditional IRAs are typically "not taxed until you take a distribution," according to the IRS. "Just like a Roth IRA, the dollars grow tax-deferred.

If you plan to leave your IRA to anyone other than your spouse, you may want to ensure they understand current RMD rules. Despite RMD rules, a traditional IRA is a smart way to add to your ...