Income limits also exist to determine eligibility for tax deductions (Traditional IRA) or to contribute to a Roth IRA. These ...

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

One nice thing about Roth IRAs, as opposed to traditional IRAs, is that you're not forced to take required minimum ...

Understand the consequences of withdrawing money from a 401(k) or IRA retirement account for emergencies and create a plan to ...

While this sell system is designed to preserve the growth portion of a portfolio, it comes with a downside: Money can be ...

With a Roth 401 (k), you pay taxes now and enjoy tax-free withdrawals later. With a traditional 401 (k), you get a tax break ...

There is a two-step process under the SECURE 2.0 Act for increasing the age at which RMDs become necessary. Step 1: Beginning ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

Dear Savvy Senior, What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost ...

Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...

"What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost our retirement ...

For some, it's a choice to stay in a career they love, but for others, the reality is that their savings simply aren't where ...