Roth IRAs have one pitfall that could really trip you up.

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

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

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 ...

When you die, your IRA turns into an inherited IRA. Without proper planning, this can lead to high tax burdens for your beneficiaries. (Photo by Alex Wong/Getty Images) An Individual Retirement ...

Taking money from your traditional IRA can trigger a 'tax torpedo' on your Social Security benefits. Learn how combined ...

With a Roth IRA, you contribute after-tax dollars, so there is no tax deduction when you put money in. The benefit comes later because your investments grow tax-free and qualified withdrawals in ...

If you take money out of your IRA early, you'll get hit with a hefty penalty. You also lose out on the returns any withdrawn funds would have generated in the future. You should try to avoid early ...