Discover the tax benefits and withdrawal flexibility of Roth IRAs for retirees, including contributions, tax-free earnings, and strategies for passing wealth to heirs.

There are plenty of ways to minimize your tax liability and that’s especially true when you have worked hard to sock away retirement money. Tax advisors are constantly searching for new ways to avoid ...

Making sure you understand and abide by withdrawal rules can help you minimize the taxes you pay. The IRS will require you to take minimum distributions from some accounts once you turn 73. Within the ...

For anyone who's recently opened a Roth IRA, this rule will apply. Simply circle the calendar and start a countdown to avoid ...

Carol explained that she had rolled a 401(k) from a former job into a traditional IRA. Later, she began contributing to that IRA with after-tax money — without realizing that, unlike a Roth IRA, she ...

Discover options like SEPP and hardship withdrawals for accessing 401(k) funds when unemployed, and learn how to avoid penalties and manage taxes.

Since withdrawals from their Roth IRAs are off the table for now, the couple must choose how much to take from the remaining accounts. They decide to withdraw 60% from their 401 (k)s ($24,000) and 40% ...

Retirement planning is one of the most critical aspects of financial health, yet it’s often wrapped in complexity, especially when it comes to taxes. For high-net-worth individuals, minimizing tax ...