Section 72(t) offers penalty-free early IRA withdrawals with a serious catch: you're locked into fixed payments for years and ...

Your beneficiary designation will often control where your IRA goes once you pass away. Make sure you don't leave unintended ...

As tax rates are expected to rise and the federal deficit reaches historic highs, many Americans approaching retirement are ...

Take Becka, a hypothetical married mother of three who inherited her mom’s individual retirement account (IRA). She needs to ...

When the IRS first put out Publication 590-B in 2021 for the 2020 tax year, it offered an example that implied someone (a non-exempt beneficiary) who was subject to the new 10-year rule had to make an ...

That can be a big deal if your account grows to a hefty size by retirement. And IRAs can grow to hefty sizes -- Warren Buffett's investing lieutenant Ted Weschler grew his to $264 million! Most of us ...

Discover the average IRA balance for 65-year-olds and learn smart strategies to boost savings, manage withdrawals, and build ...

Several changes are favorable for broad participation, while others trim deductions for higher-income households. Planning ...

Nine states levy a tax on Social Security benefits, down from last year. Is yours one? Here's what you need to know.

Having to navigate the complexities of inherited retirement accounts can add to that stress. But understanding your options can help you avoid a big tax bill — particularly if you inherit a ...

Asset location—meaning, which account investors use to house their assets—is important to consider alongside asset selection.

Do withdrawals from my pre-tax IRA and/or 401(k) accounts made before I turn 73 count toward my RMDs? Or do RMDs start at 73 without regard to prior withdrawals? I'm 70 now and still working and ...