If you're taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don't need the money ...

With retirement planning and taxes, there are often two ways to look at a question: First, can you do something, and then, ...

If you have money in retirement accounts, you may have to start taking required minimum distributions, or RMDs, when you turn ...

Roth IRAs, on the other hand, do not offer a tax break on contributions. Instead, they offer tax-free gains and withdrawals, ...

In the case of many individuals investigating the FIRE (financial independence, retire early) lifestyle, there is always a ...

You can't leave all your money in an IRA, but that doesn't mean you can't do something constructive with it outside a tax-deferring retirement account.

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The deadline for certain individuals to begin receiving required minimum distributions (RMDs) is fast approaching. That day is April 1 — but the IRS is not fooling.

If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...

But there are some things you can do to minimize taxes on RMDs leading up to and in retirement. The tax man always gets his ...

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a traditional IRA instead and then convert it to a Roth. While you can only ...

reduce or delay your RMDs. Roth conversion: You can convert your IRA to a Roth account, once you’ve taken your RMD for the year. You’ll pay taxes on the amount you convert, so one tactic is to ...