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

I lost my job when a flood wiped out the store where I worked. I am 37, have a Roth IRA and a regular IRA. The Roth was started 12 years ago. What are the best ways to get cash from these and minimize ...

However, most accounts inherited since 2020 are now subject to the "10-year rule." The 10-year rule specifies that IRAs must be empty by the 10th year following the original account holder's death.

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

An IRA is a tax-advantaged retirement savings account. Learn about the types of IRAs and their advantages to help you decide whether an IRA is right for you.

RMD rules are more than just guidelines, according to EBRI research released last week, but are clearly a defacto default strategy.

If the complexity of the Roth vs. traditional IRA decision is preventing you from opening an account, just know that simply ...

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 continue doing so.

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a ...

A crucial aspect of these legislative changes is the impact on trusts named as beneficiaries of retirement accounts. This ...

Are there different rules for the spouse versus children inheriting a Roth?' Is there a time I should start withdrawing from a Roth IRA or should I just leave it for my heirs? When inheriting a Roth, ...

The deadline for certain individuals to begin receiving required minimum distributions (RMDs) is fast approaching. That day is April 1 — but the IRS is not fooling.