**Surviving Spouse as Default Beneficiary**: If you are married and do not name a beneficiary, your spouse automatically becomes the beneficiary of the HSA by default. In this case, the HSA continues ...

Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...

As U.S. retirees approach a certain age, they must begin withdrawing funds from retirement savings plans to avoid severe ...

In 2019, as part of the SECURE Act, some people are required to withdraw the entirety of an account within 10 years of the death of the account owner. The ...

Scenario 1: Assume Tom takes a distribution from his IRA on Dec. 1, 2025. That distribution is “early” and, therefore, ...

There’s an inherited IRA rule change for 2025 that could trigger a 25% tax penalty for certain heirs. Here’s what investors ...

While CRTs might introduce complexity into the estate and tax planning, under certain circumstances and with thoughtful ...

The Women's Retirement Protection Act (WRPA) would prevent spouses from raiding their partners' 401(k) accounts.

depending on plan rules. You can transfer it to a new employer plan. You can roll it over into an individual Roth IRA. You can take a lump-sum cash distribution. If you leave your job, you may be able ...

Opening a traditional IRA is a fairly straightforward process involving only a few steps. Here's what you need to know to ...

There's still every reason to make the most of every dollar at this later stage of life, and you've got plenty of ways to ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...