Once that money is distributed, you can use it as you please. So if I don't need my RMDs to cover bills, part of my plan is to simply reinvest the money in taxable accounts.

Women don’t need a perfect retirement plan. Learn how IRAs, 401(k)s, and Roth accounts work, how they differ, and how using them together can create a flexible, tax-efficient retirement strategy over ...

I've maxed out my Roth IRA every year since 2017. Here's my real balance after 10 years -- and what it could grow to by retirement.

An individual may elect to defer some of their wages into a retirement plan through their employer's plan . That deferral ...

Charly Stoever makes a lump sum investment into their Roth IRA each January, even if it makes up a large chunk of their income.

Those with extra savings may be missing out on tax‑free growth. Learn when a mega backdoor Roth makes sense, how it works inside a 401(k), and key risks to watch out for.

Starting this year, some tax breaks will be off-limits for some retirement savers. That’s because of a new provision from ...

The IRS is tightening rules on the backdoor Roth. Learn how new enforcement could close this popular tax loophole.

Converting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits – including tax-free retirement income and eliminating required minimum distributions (RMDs) – but it ...

A 62-year-old with $1.5 million in a traditional IRA may be wise to consider converting $150,000 per year to a Roth IRA to avoid required minimum distributions (RMDs). The annual withdrawals from ...

A $1 million 401(k) balance puts you ahead of 95% of American savers. But a large balance creates five specific tax and administrative traps most people discover too late. Handling these correctly ...