An IRA is a tax-advantaged retirement savings account. Learn about the types of IRAs and their advantages to help you decide ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

Even if you think you're set, the money guru says too often people retire with only enough savings to last a few years.

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 ...

Are there different rules for the spouse versus children inheriting a Roth?' Is there a time I should start withdrawing from a Roth IRA or should I just leave it for my heirs? When inheriting a Roth, ...

Life gets busy, and investment advice can sound like buzzing in your ears after a while. That's especially true if you're ...

Exceptions to the five-year rule. After opening and contributing to a Roth IRA, you’ll need to wait five years to begin tax-free withdrawals of investment earnings. “The very first ...

Financial planning is a topic that can seem out of reach for many. This is especially true for those in Hawaiʻi who might feel like they need a large amount of money to get started.

For perspective, let's imagine you invest $500 monthly into an IRA and average 10% annual returns for 20 years. After those two decades, you would have around $343,650 in your account (not accounting ...

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.

If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...

The IRS imposes strict guidelines on Gold IRAs, including approved metal types, purity standards, storage protocols, ...