Your retirement savings strategy could be about to collide with reality. While you've spent years diligently building ...

He insists it’s better to use our regular assets to live on and let the IRA monies grow as long as possible. I’d rather save ...

Early withdrawals from a traditional IRA will result in a 10% penalty and taxes owed on the withdrawn amount. You can withdraw contributions, but not earnings, from a Roth IRA at any time without ...

Inherited IRA tax rules: Recent IRS changes mandate beneficiaries to empty inherited IRAs within 10 years, with exceptions for certain individuals. Failing to take Required Minimum Distributions (RMDs ...

New IRS rules for inherited IRAs became effective last year. Pay attention to avoid a 25% penalty and a "tax bomb".

Taxable account gains face 15% capital gains tax. IRA withdrawals are taxed at 22% ordinary income rates on the full amount. Spending taxable accounts first shrinks the IRA before RMDs start at 73.

The death of a loved one is hard enough without the added stress of inherited accounts.

When it comes to saving and investing for retirement, there aren't many better routes than utilizing retirement accounts. The most popular option is a 401(k), but it's not the only viable option. IRAs ...