Seniors with non-Roth retirement accounts must take required minimum distributions (RMDs) annually or face steep IRS ...

I encouraged my wife to take a $40,000 Roth conversion in a lower tax year. Even though she has another Roth IRA at a ...

Choosing one over the other boils down to one very personal detail. But the detail's different for every person.

Employers are increasingly adopting provisions from SECURE 2.0, a federal retirement law passed in 2022, that may make it ...

This year, older workers will have chances to save more for retirement, spend less on medicine and see other ways to improve their finances.

Another way to leave tax-free money to a surviving spouse is with life insurance. A small policy can put cash in the hands of a surviving spouse for funeral expenses and paying off debts. A bigger ...

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

There’s a host of under-the-radar rules beneficiaries need to know to minimize taxes and penalties and maximize the benefits of inherited IRAs.

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy ...

I want to do three Roth conversions in the next three years before I turn 73 in 2027 so that my beneficiary doesn't have to ...

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made ...

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