Financial adviser Devin Carroll got right to work over the Fourth of July weekend assessing his clients' tax obligations after the Republican megabill was signed. The professional software he uses to ...

The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump over the July 4, 2025, weekend, is a ...

Roth IRAs can be an attractive addition to your portfolio, but boy, are they surrounded by rules and regulations. It's easy ...

Some heirs are considered "eligible designated beneficiaries," and the 10-year rule does not apply to them. These include ...

Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

Getty Images Making after-tax 401 (k) contributions allows you to save more for retirement once you've reached your tax-deferred contribution limit for the year.

(k) retirement plans come in two types: traditional and Roth. A traditional 401(k) allows you to contribute pre-tax dollars, offering an immediate tax break. A Roth 401(k) plan allows you to ...

Someone in Generation X who is 59 in July but turns 60 in September 2025 could contribute up to the maximum of $34,750 in a 401(k) plan in 2025 ... 50 and older will need to be made into a Roth ...

RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...

Can governments increase private savings by taxing savings up front instead of in retirement? Roth 401 (k) contributions are not tax-deductible in the contribution year, but withdrawals in retirement ...