New IRS rule could cost you big if you inherit an IRA. Find out what you need to know to avoid costly penalties starting in ...

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The IRS gets copies of all the 1099s and W-2s you receive. This includes the 1099-R (reporting payouts from retirement plans, ...

However, once you've paid the taxes and your money is in the Roth IRA ... “Rollover Chart.” Page 1. Internal Revenue Service. "Retirement Topics - Exceptions to Tax on Early Distributions.” ...

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Retirees receiving pension payments will also have to pay ordinary income tax. How much you'll owe depends in part on the tax ...

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Although RMDs help supplement retirement income, small mistakes can be costly. Here's how to avoid some of the most common ...