The drawbacks of your early IRA withdrawal may not become obvious until tax time, when you find yourself facing an unusually large bill. But that's not the only reason you may want to find another way ...

There are also rules limiting your IRA withdrawals. Typically, you'll pay a 10% early withdrawal penalty if you take money ...

When you put money into an IRA, that money is earmarked for your retirement. The government provides tax incentives to make ...

A 62-year-old with $1.5 million in a traditional IRA may be wise to consider converting $150,000 per year to a Roth IRA to ...

I am retired but not yet 73. I have been doing Roth IRA conversions for a few years. I know you can’t withdraw the converted ...

Both accounts provide benefits, but your future financial situation plays a big role in determining which makes sense for you ...

When it comes to retirement planning, most people focus on the “big three” of income, taxes, and investments. But there’s ...

United States Senator Todd Young (R-Ind), along with Ruben Gallego (D-Ariz.), has introduced legislation that aims to help ...

The Roth IRA — a popular retirement account — is similar to a traditional IRA in that you can regularly contribute to the account and watch your investments grow so you have a nest egg to tap into ...

One of the best ways to do that is to invest through tax-advantaged retirement accounts. The most popular retirement account is the 401 (k), and for good reason. It's relatively simple, doesn't ...

There is no best time to take a required minimum distribution (RMD), but delaying until December can maximize tax-deferred ...