Powerball prize jumped from $20 million to $220 million for Monday, Jan. 6, 2025. Will a $2 ticket make you a ...

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 ...

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 ...

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

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 ...

Mega Millions Jackpot Soars Past $1 Billion. On Friday night, one lucky individual could be starting the New Year with a bang ...