After your spouse dies, you could face a surprise higher tax bill, financial experts say. But it’s possible to prepare with advanced planning.

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a traditional IRA instead and then convert it to a Roth. While you can only ...

When stocks fall, it can be a good time to get money out of tax-deferred accounts to avoid a ticking tax time bomb.

The five-year rule for Roth IRA conversions. The five-year rule for inherited Roth IRAs. Consequences for breaking the five-year rule. Exceptions to the five-year rule. After opening and ...

There are many options available, and it could be difficult to determine which account is best for your needs. The three most ...

If you're charitably inclined, using a qualified charitable distribution, or QCD, is a great way to reduce your RMD. Instead ...

Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, ...

Required minimum distributions (RMDs) from pre-tax retirement accounts can have a number of unintended consequences. These ...

The tax and retirement planning expert shares what you need to know about the 10-year rule for inherited IRAs, which kicks in ...

Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion ...

Roth IRAs, on the other hand, do not offer a tax break on contributions. Instead, they offer tax-free gains and withdrawals, ...

If deciding what to do with an old 401(k) plan has been on your to-do list, here are the key steps you should take to get it done.