RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...

Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

It's not an easy thing to build up a nice balance in a Roth IRA. Doing so takes time and, in many cases, a savvy investment ...

A Roth IRA can be a great complement to a 401(k). Each has its pros and cons, but I must admit that I prefer a Roth IRA over a 401(k) because of three key benefits: tax-free withdrawals in ...

Roth 401(k)s and Roth IRAs are both retirement vehicles that allow you to invest after-tax dollars, which can be withdrawn tax-free in retirement. A Roth 401(k) is offered through your employer ...

The Roth IRA, named after the late Delaware Sen. William Roth, became a savings option in 1998, followed by the Roth 401(k) in 2006. Creating a tax-free stream of income is a powerful retirement tool.

Unlike a traditional 401(k) or IRA, where withdrawals are taxed as ordinary income, Roth IRAs provide tax-free withdrawals in retirement, provided you meet the five-year rule and are over 59½.

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

A Reddit user is trying to decide what to do with his retirement funds. He has never contributed to a Roth IRA, but has been investing 14% of his income into his workplace 401(k) plan. He’s 42 ...

While rolling a 401(k) account into an IRA is a logical decision, finance experts point out some of the drawbacks to making ...

Retirement accounts such as Roth and traditional IRAs and 401(k)s are a great way to save, but mind the tax rules on withdrawals.