My 2023 federal adjusted income was about $87,000 which is mainly Social Security (about $48,000 gross), some pensions, and interest and dividends from investments. My expenses ar ...

One of the biggest perks of investing in a tax-advantaged retirement account like a 401(k) or traditional IRA is that your ...

Learn how beneficiaries can manage non-spouse inherited IRAs. Explore distribution rules, Secure Act changes, and tax strategies for long-term financial security.

Do withdrawals from my pre-tax IRA and/or 401(k) accounts made before I turn 73 count toward my RMDs? Or do RMDs start at 73 without regard to prior withdrawals? I'm 70 now and still working and ...

Required minimum distributions (RMDs) are mandatory annual distributions the government requires you to take from most ...

The way to plan for retirement in 2025 just got a little more complicated thanks to the SECURE 2.0 Act. Whether you’re still ...

Typically, a parent wishes to treat their children equally in their estate plan and presumes they will achieve this goal by ...

Understand RMDs without the IRS jargon—simple, clear, and doable. Avoid penalties (because who wants to give the IRS an extra 25%?). Get the scoop on inherited IRAs and the rules that could save your ...

Explore spousal inherited IRA options, including rollovers, tax implications, and Secure Act changes. Learn how to maximize ...

With a new year often comes tax changes, and those who save money in tax-advantaged retirement accounts like IRAs and 401(k) ...

My husband will turn 73 on Nov. 16, 2027. How much of an RMD does he have to withdraw in 2027 and should he do it between Nov ...

Retirement planning is no longer an easy task. Age, retirement plan options, taxes, and required minimum distributions (RMD) ...