Contributions to a traditional IRA may be tax-deductible. Taxes are paid upon withdrawal of funds, typically during retirement. Early withdrawals may be subject to penalties, with some exceptions.

Suze Orman couldn’t have been clearer in her podcast when she proclaimed, “The best way to prepare for retirement is to only ...

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 continue doing so.

Is immortality achievable? With longevity science booming, you might make it to age 150 — but your portfolio might not.

That 401(k) or traditional IRA you've filled with your hard-earned money could turn into a tax bomb. Before it blows, see if ...

IRA conversion: traditional accounts to Roth . If you have a traditional IRA, converting it could be a simple matter of ...

Responding to a recent call from a financial advisor in Ohio, the ERISA consultants at the Retirement Learning Center (RLC) address a question on SIMPLE IRA catch-up contribution limits.

You can start taking money from your 401 (k) penalty-free at age 59 ½. So you shouldn't be penalized if you are 60 and ...

Retiring with $1 million is a big goal for many people. Despite the rising cost of living in recent years, $1 million is ...

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

If you have access to a 401(k) plan at work, the IRA tax deduction is phased out for those with a modified adjusted gross income between $73,000 and $83,000 as an individual and $116,000 to $ ...