Calculating your RMD only requires two numbers. You'll need your retirement account balance as of Dec. 31, 2024. Check with ...

Age 65 is a major transition for many individuals as they shift to thinking about retirement and begin to contemplate ...

Because everyone deals with a different set of circumstances, there's no single set of rules to tell you in which order to make your withdrawals. However, as the following scenario will show, a good ...

I was the beneficiary of my late wife’s IRA and 401 (k) — but I want our kids to get the cash. Do I still have to take ...

Your 401(k) or IRA could hide a tax time bomb. Withdrawals in retirement are taxed. RMDs at age 73 can spike income. Future ...

Unlike a 401(k) or traditional IRA, Roth IRAs allow you to take tax-free withdrawals in retirement. Also know that you can withdraw contributions, but not earnings, at any time from a Roth IRA. High ...

Explore your options as a Roth IRA beneficiary, from spousal transfers to required withdrawals, depending on your relationship to the original account holder.

You probably already know that saving for retirement can be challenging. It's not just finding money you can spare. You also have to decide where to put it and what to invest it in, so it'll be worth ...

Inheriting an individual retirement account can be a bittersweet experience. Although it’s a loving gesture from the deceased to help fortify your retirement, the machinations of an inherited IRA tend ...

Making a gift contribution to an IRA is one of the most impactful ways you can support someone’s retirement preparation. However, there are important considerations to keep in mind, including annual ...

Discover options like SEPP and hardship withdrawals for accessing 401(k) funds when unemployed, and learn how to avoid penalties and manage taxes.