New IRS rules for inherited IRAs became effective last year. Pay attention to avoid a 25% penalty and a "tax bomb".

Planning for retirement can feel overwhelming enough without worrying about accidentally breaking the law. Yet many ...

When saving for retirement, it's easy to funnel money into a pre-tax 401(k) plan or individual retirement account without planning for future taxes. Those pre-tax funds, however, can be handy in some ...

An inherited individual retirement account rule change for 2025 could trigger a 25% tax penalty for certain heirs. Since 2020, most non-spouse heirs must empty inherited IRA accounts by the 10th year ...

What workers anticipate in terms of retirement income sources may differ considerably from what retirees actually experience.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

Growing a retirement account to $1 million depends heavily on how early you start investing. At a conservative 6% annual rate of return, a 35-year-old needs to save about $863 per month to reach $1 ...

Investigation uncovers how banking institutions secretly altered securities laws in the 1970s, prioritizing Wall Street over individual investors.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. For those considering bankruptcy as their way out of overwhelming debt, ...

Key Takeaways Divorce reshapes your financial life, but revisiting your budget, debt, and savings plans early can help prevent long-term damage to your retirement security.Understanding how assets are ...