Some 71 million workers have access to 401(k) retirement plans and they have saved $8 trillion toward their retirement. The ...

The answer is “not necessarily.” Only contributions taken from the wages of the common-law employer that caused the ...

Strategic Roth IRA conversions can set you up for tax-free income in retirement and a tax-free inheritance for the people you ...

However, if you have a 401(k) as well as an IRA, depending on your income, you may be unable to deduct IRA contributions. Traditional and Roth IRAs are very similar, except that Roth IRAs make use of ...

A 401(k) plan allows individuals to save for retirement with tax advantages and employer matches they forego when saving ...

Personal finance author and philanthropist Tony Robbins offers some important advice about each of these retirement savings ...

If you take out a 401 (k) loan, you’ll temporarily have fewer funds invested. In the case of withdrawals, the money will be ...

It’s an unfortunate thing that many people enter retirement with little to no money in savings. But in this Reddit post, we ...

You can start taking money from your 401 (k) penalty-free at age 59 ½. So you shouldn't be penalized if you are 60 and ...

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

When the economy is showing signs of recession, emptying your cash bucket for a conversion can be counterproductive. If you're in retirement and need cash for living expenses, you'd have to ...

Old 401(k)s are a little like the old clothes in the back of your closet. You know you should do something about them, but there they sit, mostly out of sight and mind.