Other than Social Security, what’s the best source of monthly income in retirement? Here’s what annuities can do.

A taxpayer whose individual retirement account was paid to the government under a criminal court order did not have taxable ...

Viktor Hovland has withdrawn from the final round of the Travelers Championship after playing only two holes. As per Golf ...

Let’s say your traditional IRA enjoys an average annual return of 7%, and you withdraw $20,000. You’re already $2,000 out of pocket, thanks to the 10% penalty incurred.

Another way to reduce your taxable income is by contributing to a traditional IRA. The maximum contribution is $7,000 in 2025 ...

If you can save some of your graduation cash, a Roth IRA offers a unique chance to grow your money 100% tax-free for years—but it’s an opportunity with a limited window.

The Internal Revenue Service has clarified rules included in the SECURE Act that are important for IRA beneficiaries to ...

Here is just one example: The order in which you withdraw money from accounts can make a difference. You should start with taxable accounts, then tax-deferred accounts and finally tax-free accounts, ...

Not all money in a Roth Thrift Savings Plan account is automatically tax-free, and there are several things to consider ...

If you withdraw earnings you've made on investments in a Roth IRA before age 59 and a half, you'll incur a 10% early withdrawal penalty and may be subject to income tax.