If you’re taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don’t need the money to cover living expenses, where should you stash that unneeded cash?

The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax ...

It pays to calculate RMDs (Required minimum distributions) as you approach retirement or if you are already retired. RMDs are the minimum annual withdrawals you must make each year from most ...

Many retirees favor tax-deferred accounts like traditional IRAs for their long-term growth potential. However, once Required Minimum Distributions (RMDs) begin, the IRS wants its share. Some retirees ...

At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

Knowing these rules can help you avoid big penalties or unnecessary withdrawals. Unfortunately, the government won't let you keep growing your savings tax-free forever. Eventually, it imposes required ...

Discover smart investments for Roth IRAs, avoid prohibited transactions, and understand contribution limits for optimizing ...