Investors hoping to ramp up on tax-free retirement income just might rejoice after recent market tumult. That's because falling values in your traditional IRA might make a Roth conversion more attractive.
With the right kind of planning, you can pass your retirement nest egg to younger generations. Just be sure to avoid these tax hiccups.
December is here, and it's time to see what the tax overhaul means for entrepreneurs and their bottom lines.
The Roth IRA and Roth 401(k) allow you to pay Uncle Sam in the present so you can collect tax-free income in the future. Here's how.
Many people have enough saved for retirement to claim Social Security later than they do, according to a new study.
Surprise! Your ex could legally inherit your hard-earned cash. It all comes down to who you list as the beneficiary to receive your 401(k), IRA or your life insurance policy.
A new tax proposal that will address a package of 2018 tax breaks, as well as bundle of retirement savings initiatives, has arrived. Here's what you need to know.
A Roth IRA for kids is one way to give your child a jump-start on saving for the future.
More companies are adding a Roth option to their 401(k) to let workers stash after-tax dollars for retirement. Here's what you need to know to take advantage.
When it comes to retirement, most people say they'd like to spend more time with their friends and family and possibly buy a vacation home and travel the world. That's a tall order for those with little or no nest egg.
Fidelity Investments reports that contribution rates and average retirement account balances hit record levels at the end of the third quarter.
No matter what the next phase of your life will look like, there are some financial aspects to evaluate now to help the transition go more smoothly.
The IRS has just released the limits for retirement plan savings for next year. Here's how much you can save.
Retirement can often reduce or eliminate a lot of your expenses. Many retirees are surprised to discover there's one bill that may not go down: taxes.
Financial advisors have one message for investors amid this week's wild stock market swings: Don't panic.
If you work for a small business, you're less likely to have access to a retirement plan via your employer.
The new federal tax law ends deductions on some advisory fees, including those based on the value of assets under management. But the IRS has held that qualified retirement accounts can pay their own expenses.
Uncle Sam won't give you a break just because you've decided to hang up your spurs. Here's why you can still see high taxes even after you're no longer working.
Here's an added sweetener for the happily married: The tax brackets are especially favorable to you if you're thinking about converting some of your traditional IRA savings to a Roth.
Your child's teacher is dealing with a bigger headache than 30 kids in the classroom. He or she very likely has a costly retirement plan and very limited options. Here's what you need to know.