Planning for retirement can feel overwhelming enough without worrying about accidentally breaking the law. Yet many ...

New IRS rules for inherited IRAs became effective last year. Pay attention to avoid a 25% penalty and a "tax bomb".

When saving for retirement, it's easy to funnel money into a pre-tax 401(k) plan or individual retirement account without planning for future taxes. Those pre-tax funds, however, can be handy in some ...

Maybe you have already dipped your toe into the alphabet soup of possibilities for retirement savings and felt overwhelmed. Or perhaps you do not know much about your retirement savings account ...

Since 2023, most retirees must take required minimum distributions, or RMDs, from pretax retirement accounts at age 73. However, RMDs don't apply to Roth individual retirement accounts while the owner ...

The 2025 + 2026 Retirement Account Limits ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of exceptions—including some new ones. Here’s the latest. One source Americans consider ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

Growing a retirement account to $1 million depends heavily on how early you start investing. At a conservative 6% annual rate of return, a 35-year-old needs to save about $863 per month to reach $1 ...