One important point to keep in mind: If you roll over the lump sum into a standard IRA, you’ll defer taxes on the distribution. Without a rollover, you’ll be hit with a big tax bill the year ...

You can then roll your lump-sum distribution into a Roth IRA. A Roth IRA rollover entitles you to tax-free withdrawals in the ...

It’s up to you to determine if the risk is worth the reward. This one is pretty simple: If you do a lump-sum rollover into your IRA, it becomes an asset in your estate. That means when you and ...

The ERISA consultants at the Retirement Learning Center (RLC) address a question on whether a client who wants to take an in-service distribution from his 401(k) and roll it to an IRA should roll the ...

The Mega Millions jackpot prize has grown to $825 million ahead of Friday night's draw — the seventh-largest sum in the ...

If you have in fact inherited a qualified annuity, whether you choose to receive payments, take the full amount as a lump sum distribution or roll it into an inherited IRA will have specific tax ...

Feeling lucky? Mega Millions jackpot reached $1 billion on Christmas Eve as Christmas Powerball grows to $117 million. Dec.

Dec. 27, 2024, Mega Millions numbers were 3-7-37-49-55 and Mega Ball was 6. Winning ticket was sold at a Circle K in ...