Retirement Accounts

Maximum Contribution to a Roth IRA
Retirement Accounts

Maximum Contribution to a Roth IRA

Derek Burnett | June 4, 2024

Maximum contributions to a Roth IRA are limited, but change on an annual basis. Your contributions can rise too.

What are the Maximum Contribution to a 401K
Retirement Accounts

What are the Maximum Contribution to a 401K

Derek Burnett | June 3, 2024

The maximum contribution to a 401K determines how much you can stash away in a year to meet your retirement goals.

Roth IRA vs 401K: What is the Difference?
Retirement Accounts

Roth IRA vs 401K: What is the Difference?

Derek Burnett | June 2, 2024

When it comes to Roth IRA vs 401K you choose and IRA while your employer chooses a 401K. Both have advantages and disadvantages.

How Long Will My Money Last in Retirement?
Retirement Accounts

How Long Will My Money Last in Retirement?

Derek Burnett | May 30, 2024

If your finances run dry in retirement, it won’t be easy. It's critical to have realistic ideas of how long your money will last in retirement.

Watch Out for These Land Mines
Retirement Accounts

Watch Out for These Land Mines

Ed Slott, CPA | April 5, 2024

Inheriting an individual retirement account (IRA) from a loved one can be a windfall—but it also can be one of…

Planning to Work Forever?
Retirement Accounts

Planning to Work Forever?

Keven DuComb, JD | December 14, 2023

No one on their deathbed says, “I wish I had worked more”…right? That may have been true in the past,…

When – and How Much – Should You Withdraw from Your Retirement Accounts?
Retirement Accounts

When – and How Much – Should You Withdraw from Your Retirement Accounts?

December 8, 2023

The big question: Once you retire, how do you begin drawing down your nest egg so that your money lasts…

IRA Contributions After 72
Retirement Accounts

IRA Contributions After 72

Marianela Collado, CPA/PFS, CFP | November 6, 2023

As long as you continue to work—regardless of your age—you can continue to contribute to an IRA even though you…

3 Ways Your IRA Can Get Taxed…Even a Roth!
Retirement Accounts

3 Ways Your IRA Can Get Taxed…Even a Roth!

Ed Slott, CPA | October 21, 2023

The upside of traditional IRAs is that income taxes aren’t due until money is withdrawn…and with Roth IRAs, investment profits…

Navigating Retirement in the 2020s
Retirement Accounts

Navigating Retirement in the 2020s

Robert Carlson | September 13, 2023

For the past four decades, retirees have enjoyed low prices on goods and services and long bull markets in both…

Annuities in 401(k)s
Retirement Accounts

Annuities in 401(k)s

David Blanchett, PhD, CFP, CFA | July 20, 2023

Millions of Americans soon may have access to annuities in their 401(k)s. Currently, only 13% of retirement plans offer these…

Traditional IRA vs. Roth IRA: Which Is Better for Retirement Savings
Retirement Accounts

Traditional IRA vs. Roth IRA: Which Is Better for Retirement Savings

Anqi Chen | June 15, 2021

Traditional IRAs allow pre-tax contributions and tax your withdrawals; Roth contributions are with after-tax dollars and withdrawals are tax free. What’s the right type for you?

How to Decide on a Pension Buyout
Retirement Accounts

How to Decide on a Pension Buyout

July 8, 2019

Lump-sum pension buyout offers are about to become more common, but they could backfire. Here’s what you need to know.

Why a 401(k) Can Be a Good Place for an Annuity
Retirement Accounts

Why a 401(k) Can Be a Good Place for an Annuity

June 24, 2019

Congress is expected to pass legislation to make annuities more widely available in 401(k)s. That will have several advantages…

How to Get Bonus Cash for an IRA Deposit
Retirement Accounts

How to Get Bonus Cash for an IRA Deposit

Sheryl Garrett, CFP | April 29, 2015

Fidelity Investments, the giant brokerage firm, has put a new twist on getting cash bonuses for investing in an IRA.…