Most financial advisors say the decision whether or not to convert a traditional IRA to a Roth IRA makes most sense for those who with be in a higher tax bracket in retirement. But for some who may be in the same tax bracket or even a lower one, a Roth conversion could be a good move» Read More
The retirement savings system is broken; it's time to decouple 401(k) plans from employers and free Americans to invest as they see fit.
Millennials are keenly focused on trying to take control of their own financial destiny.
Mad Money's Jim Cramer breaks down the differences between traditional retirement methods and a Roth 401(k) or IRA.
Mad Money host Jim Cramer helps young investors take charge of their retirement funds and explains how to start your Roth IRA.
Which is better: A Roth or a traditional IRA? Financial advisor Jerry Lynch weighs in.
After accumulating money in IRAs and 401(k)s, many retirees don't know how to transition from saving to spending. Here's a must-read guide.
When we look at our retirement accounts, we often overlook the taxes we'll have to pay on our 401(k) and IRA withdrawals.
If you're a Baby Boomer, the biggest challenge in looking for work may come with reimagining your career. You don't have to completely reinvent yourself, but you may have to adapt to a new environment.
There are now more than 25 million single women over the age of 45 in the US and approaching retirement. This author offers advice on the opportunities and challenges of single women as they approach the so-called "golden years."
To help mitigate the risk that inflation can introduce to a portfolio, you need to be on the defensive. Even modest inflation can erode your retirement savings. Here's how.
Financial reform proposals for Social Security are in two major deficit reduction packages, as well as on a number of mental lists of major players.
Technically, it shouldn't be, but some say it makes a lot of sense to include it.
Among the fires that President Obama must fight immediately in his second term, Social Security reform isn’t in the mix. But if the president studies past administrations — and aims to enhance his legacy, as presidents do — Social Security may well rise to the top.
A number of deficit-reduction plans include proposals to reform the federal retirement benefits program. What do you think?
For years, Americans found a lot to dislike about annuities, calling them complicated and expensive. Though some experts say not that much has changed about the insurance product, fundamental changes in the average American's financial outlook have given new life to annuities.
With more people worried about outliving their retirement savings, there's growing interest in finding a guaranteed-income stream for retirement. Annuities fit that bill.
The decisions you make with your portfolio during the early years of retirement will set the stage for whether your savings will be sufficient to maintain a comfortable lifestyle.
Whether you're a baby boomer or a member of Generation Y just beginning your career, building your nest egg should get a little bit of a boost thanks to new contribution limits for 401(k)s and IRAs
Talk about the best intentions. Who out there doesn't mean to save more for retirement? And who out there hasn't met them? What are your retirement goals?
The clock is ticking on tax rules that may change on January 1, 2013 and could impact the way parents contribute to a college education.