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 ...

One of the pros of retirement accounts like 401(k)s and traditional IRAs is that contributions can lower your taxable income.

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

Many savers are drawn to traditional IRAs and 401(k)s because they offer a tax break on contributions. But in return, people ...

IRA contribution rules have no age limit. Although there's no means of directing RMDs directly back into a retirement account (nor would you want there to be, since your required minimum ...

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

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

Explore the tax benefits of reverse mortgages, including strategies for Roth conversions and delaying Social Security.

corresponding to your age and marital status (the IRS provides these numbers). Divide your account value by your LEF. Below are the RMDs for someone single with $1 million in their retirement ...

How do I plan my withdrawals in a way that minimizes taxes? You can start taking money from your 401(k) penalty-free at a ...

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.