Explore Roth IRA conversions, their tax implications, and essential considerations for effective retirement planning.

Many of the dollar limit restrictions on retirement accounts will increase next year. In addition, new rules from the SECURE 2.0 Act also will bring more savings opportunities.

When planning for retirement, there is a risk that is sometimes overlooked—the possibility of cognitive decline.

Discover the IRS tax relief and retirement withdrawal options for victims of Hurricanes Helene and Milton. Learn about penalty-free IRA withdrawals, extended tax deadlines, and SECURE 2.0 benefits.

So that everyone knows which end is up, here is a spiked punch bowl of common retirement-account-related acronyms.

Learn about SECURE 2.0’s higher catch-up contributions for older employees in retirement plans starting in 2025 and how they impact your savings.

Both retired and working participants were concerned that significant changes in Social Security may be ahead. They're not wrong to be concerned.

Learn about the new IRS rules that loosen or eliminate documentation requirements for see-through trusts named as retirement account beneficiaries.

401(k) plans can now match student loan repayments under SECURE 2.0, providing valuable contributions toward retirement savings starting in 2024.

The issue is whether a retirement account beneficiary subject to the 10-year payout rule who inherits from an IRA owner after the owner had started RMDs must continue annual RMDs during the 10-year period.

While you have been saving for retirement, you may not have thinking about what happens to your IRA after your death.

More and more Americans have retirement savings in Roth 401(k)s. With their rising popularity come some complicated tax issues.

Discover when a reverse rollover from an IRA to a 401(k) makes sense. Learn how this strategy can help you minimize taxes and maximize retirement benefits.

As retirement account questions go, this is the shortest inquiry with the longest answer. What factors should you consider and what 5-year clocks apply with a Roth 401(k) to Roth IRA rollover.

Learn the essential facts about Required Minimum Distributions (RMDs) for your IRA. Understand RMD rules, deadlines, calculations, and penalties. Get expert advice to manage your retirement savings effectively.

After more than two years, we might actually be getting answers from the IRS on several important unanswered questions concerning RMDs for those who inherit IRAs or company plan accounts. Learn about the upcoming IRS Beneficiary RMD Final Regulations, changes from the SECURE Act, and how they impact your retirement account inheritance planning.

Do you have to take a required minimum distribution (RMD) before rolling over the remaining 401(k) funds to an IRA?

Prepare for the seven key life events that impact baby boomers' finances and investments. Learn about estate planning, health care, retirement, and managing multiple income sources. Consult a financial advisor to secure your future.

Learn how to avoid rollover mistakes with your required minimum distribution (RMD). Understand the rules, common errors, and steps to correct excess contributions to ensure compliance and avoid penalties. Get expert advice to manage your retirement savings effectively.

If you don’t like where you’re at, do everything in your power to change it, because fantasyland retirement will not mystically appear at age 65. By sticking to the long-term plan, short-term gratification opportunities should present themselves.

Congress has determined that 401(k) and other company plan funds, with certain exceptions, should be saved for retirement. It has imposed strict restrictions on the ability of employees to withdraw from these plans while still working.

Discover four strategies to reduce your RMD tax bite and maximize your retirement savings. Learn about Qualified Charitable Distributions, the still-working exception, Qualified Longevity Annuity Contracts, and Roth IRA conversions.

The start of the new year is a good time for a refresher course on the contribution limits that apply when someone is in two different retirement plans at the same time or at different times within the same year.

The SECURE 2.0 Act contained over 90 sections and included numerous IRA and retirement account changes. Here is a list of 10 items from the Act scheduled to come on-line in 2024.

Spending on healthcare in the United States grew more slowly than usual during the pandemic, rising just 2.7 percent from 2020 to 2021, according to the Centers for Medicare & Medicaid Services.

When it comes to our retirement accounts, we frequently complain about the negatives, such as the many IRA rules that are way too complicated and confusing. Let's change it up and take a few moments to give thanks for those IRA rules that work well and help us save for our families’ futures.

When an IRA or retirement plan owner reaches a particular age, that account owner typically must begin taking required minimum distributions. Of course, there is a parade of variables to consider.

While celebrating, same-sex couples may want to take this opportunity to consider plans for their retirement accounts. Since the SECURE Act and SECURE 2.0 have overhauled the rules, it may be time for a new strategy. Here are 5 retirement account planning tips.

Rolling over to an IRA can offer many advantages, but everyone’s situation is different. Think carefully and weigh your options.

A creative metaphor or simile can help the reader grasp a concept. Here is a 6-pack of random summertime similes and other retirement account comparisons.

Explore 457(b) plans: rollovers, creditor protection. Know differences in governmental and top hat plans for a secure retirement. Read more.

If you’re facing the unpleasant prospect of paying college bills for the fall semester, you may be thinking of tapping into your retirement savings to help with the costs. If you’re under age 59 ½, there is an exception to the 10% early distribution penalty for higher education expenses. But there are several rules you need to follow.

Explore potential impacts of not raising the debt ceiling by the deadline, with insights from investment managers, economists, and retirement planners. Learn how this could affect your financial strategies and retirement plans.

Employees with very high compensation cannot have their retirement plan benefits based on all of their pay. Instead, the tax code allows only compensation up to a certain dollar amount to be taken into account.

The biggest advantage that a spouse beneficiary of an IRA has over other beneficiaries is the ability to do a spousal rollover. With this, inherited retirement account funds become the spouse beneficiary’s own.

With Financial Literacy Month upon us, it's time to review some basic financial concepts. Here are some tips to help you become more financially confident.

SECURE 2.0 has changed the way RMDs work in retirement planning. Read to see these changes.

Retiring is both an exciting and emotional time for everyone, and public safety employees are no exception.

Annuities can bring you guaranteed income in retirement - but should you wait until retirement age to purchase one?

Confused about SECURE Act 2.0? Take a look at our rundown of the new legislation and how it changes your retirement.

Contained in this article is a list of 5 major changes to retirement accounts courtesy of SECURE 2.0.

This article contains changes made to retirement accounts from SECURE 2.0, more specifically in the 401(k) category.

Delaying RMDs can be a beneficial step in successful retirement planning. See how things have changed under SECURE 2.0.

Should frugality be a cornerstone of your retirement savings plan? Before changing your quality of life today for your future retirement goals, here's what you should consider first.

Retirement is a momentous chapter in your life and deciding where to spend it should be equally exciting.

As you work with your financial planner to create a withdrawal strategy throughout retirement, you’ll want to consider the differences between two of the most popular strategy types: systematic withdrawal and the bucket approach.

Before you turn in your two-weeks notice, consider the different ways you can make your life a bit easier before you officially start your new and exciting chapter.

Deciding to live out your golden years following a passion of owning your own business is no easy feat, but it is possible. Follow these 10 steps to get started.

Many contribution limits have been increased for 2023. Read this article to find out all the details regarding these changes.

Like a traditional IRA or 401(k), a 414(h) plan lets you save money for your retirement while also providing you with some tax benefits.

Your employer may offer you a Roth 403(b) plan. Before you start contributing, it’s important to understand where your money’s going and the tax implications this type of account will have on you now and into retirement.

Retirement planning is about much more than just saving. It's time to create a more detailed plan towards a retirement date you can live with.

If you're retired, a market crash is cause for concern. Here are 4 things you can do to help make positive financial decisions in the wake of a market downturn.

This article will share some fun hobbies for retired people that might be out of their normal expectations.

Surprise! Retirement is an exciting & validating time but there are many surprising facts that you may not be aware of when planning. Take these 6 things to heart.

Even with a good income, there are some big mistakes that can foul up your retirement. And the effects won’t be realized until it’s too late to make financial repairs.

With the multiple plans available to retirement planners, it can be daunting deciding which one is right for you.

While there are many tricky aspects to financial planning and retirement funding, here are some that are straightforward and greatly beneficial.

SECURE 2.0 is designed to increase savings in IRAs and company plans for retirement planners and savers.

With the abundance of rules and regulations regarding retirement accounts and savings strategies, it's no wonder people have so many questions. Here are your answers!

When considering limits in your retirement plan, it can often get confusing to understand how they operate. This article clears the air on this subject.

You know you need to be able to cover expenses in retirement, but have you determined how you'll do it? As you consider, here are 4 potential ways to help fund retirement.

The government is attempting to strengthen retirement plans so that they last.

Everyone wants to be comfortable and financially stable as they age. Here are few tips to help you secure retirement in your 50s and 60s.

This article will be about the unique considerations and tactics that military families should keep in mind when approaching retirement planning.

Each pension plan has their pros and cons, which one is right for your situation? Find out here.

Having an HSA is crucial for the retirement planning process, so make sure that you understand the rules for HSAs.

Wealth alone does not determine how much you will enjoy retirement. It’s a combination of health and wealth that can help you get the most out of your independence and freedom in retirement.

You want to enjoy your retirement, which is why it's so important to start planning now. Top stress-reducing tips on when planning for your future.

Retiring early to become a full-time caregiver is a huge life milestone and requires careful planning. Read more here.

The IRS has released record high contribution increase for 2023. This article details the changes.

Vesting rules are used to give a benefit amount according to how long you've been with a company. Find out how to calculate yours!

RMDs are a major part of the retirement process, which can lead to penalization if not understood carefully.

The three financial plans discussed here encompass what to expect when putting away money for retirement. Find out how they differ!

Help your clients and contacts to understand the whens and wherefores of adjusting their retirement strategies with our new article.

Let your clients and contacts know about what a big job retirement strategy represents, and what a help you will be in setting it into motion. Factoring in longevity is a big part of that.

Do you have a long-lost retirement account left with a former employer? Learn how to identify lost retirement accounts and reclaim your money.

There's plenty to consider when determining if you're financially prepared to leave the working world. Consider each of these 5 factors carefully before taking this next step in life.

While the idea of taking retirement dollars early is appealing, there are some stipulations that must be followed or you can be penalized.

RMDs feel like they creep up on you as you near retirement age, even if you're still working. But there are ways to delay the taking of these RMDs while you're still working.

Roth IRAs are an incredible way to build tax-free money for retirement, and now more 401(k) plans offer Roth contributions. Find out how to withdraw from these without penalty.

Inflation can have a detrimental effect on retirement savings. However, there are several approaches you can take to protect your retirement from inflation. Here's how.

Depending on who your employer is, you may not have access to common retirement plans like 401(k)s. Here's a breakdown of 403(b) and 457 plan options to help you strategize for retirement.

There are many different abbreviated terms that a retiree should understand that will help them in every facet of their retirement.

Just because you've retired doesn't mean you have to stop working. However, working income may affect your social security earnings.

Retirement is about enjoying your financial independence, but it doesn't mean you have to stop working. In fact, there are a few reasons why you may want to consider it.

Before you can begin to claim any Social Security benefits be sure you're checking these 6 things off your list to start your retirement off on the right foot.

Mega backdoor Roth IRAs are complicated retirement savings strategies. But for the right person, they could offer a big tax advantage.

You know you need to start preparing now for a peaceful retirement, but sometimes it's hard to know where to start. If you're uncertain about your next steps, here are 6 things to start doing differently right now.

You've imagined your dream retirement, but how can you know if you’ll be able to afford it? Estimating your Social Security benefits is an important component to any retirement plan.

Strategizing how you can use RMDs at a time that is most beneficial to you takes knowledge that this article will help you gain.

Deciding to wait or claim Social Security benefits is a personal decision. Here are some important factors anyone nearing or in retirement should consider now.

Making the dream of early retirement a reality requires a particular strategy. What to think about when strategizing for early retirement.

A retirement lifestyle is more than just saving money; it's also deciding how you want to spend that extra time. Here's a look at what you want to consider.

Selecting the right investment options for retirement can help you stay prepared for unexpected expenses and a longer life expectancy. Learn more about your options and important considerations as you navigate retirement.

The retirement strategy has changed over the years, culminating in a plan that will ensure that you are living your happiest years during your retirement. Find out what this new strategy is!

When planning your retirement income, you should include healthcare costs. Here are some of the top healthcare costs in retirement to consider.

Whether you are already retired or just beginning to consider your retirement years, the question "Will I outlive my money" is most likely a top concern

Retirement changes everything. Has your money mentality changed with it?

The answer to "How much?" varies from individual to individual. An overview of how to calculate the size of your retirement.

This article will outline some of the factors to consider when readers are determining how "retirement-ready" they are.

If you're a little behind on retirement savings, don't panic. Here's three ways you can catch up and bulk up your account.

Finding an annuity that meets your long-term objectives requires time and research but may be the key to boosting your financial success in retirement.

Did you know you may be able to take your 401(k), 403(b), or 457 plan and roll it into another type of retirement account while you are still working? Let’s look at how these rollovers can happen and the pros and cons of making them.

Catch-up contributions can be a great way to make up for lost time when it comes to retirement savings. Are you eligible?

If you’re experiencing financial hardship or emergency, knowing the rules of the road for penalty-free retirement plan withdrawals is important.

The uncertainty surrounding the economy and workforce makes early retirement seem all the more appealing - but it's not as simple as it seems. Before settling for an early retirement, consider these crucial factors.

You might be able to plan for many of your retirement expenses, but there are likely going to be unexpected things that come up.

It’s always fun to have a movie night, especially watching films that celebrate the fun, friendships, and possibilities of retirement. Here are a few classic favorites about exploring the unexpected.

Business transition planning can often be one of the most overlooked sources of retirement income for small business owners. Here are 5 tips to consider when creating your transition strategy.

If you're an educator, take some time to review your 403(b) retirement plan while there's still time to strategize and save. Plus consider a note of caution on how you get your advice.

Traditional retirement planning is less effective when spouses stop working at different ages. Here are a few things to take into account as you prepare for this next chapter.

Now that required minimum distributions from retirement accounts are back for 2021 after being waived in 2020, you should look before you leap if you’ll owe RMDs this year. I’ll outline three commonly overlooked strategies by many retirement advisors, investment advisors, and financial consultants alike, that are good for you to at least know about especially if you own a large IRA. Note that this recommendation applies not only to most account owners who are 72 or older in 2021 but also to retirement account beneficiaries subject to RMDs.

Required minimum distributions (RMDs) from retirement accounts were suspended in 2020, as part of the federal government’s effort to keep the economy afloat despite medical and financial turmoil. Now they’re back, so most people who are 72 or older in 2021 will have to take at least as much as IRS tables dictate from their retirement accounts this year, and pay the resulting tax. Many IRA owners delay RMDs until yearend, but there are good reasons to act sooner rather than later.

You’ve probably been hearing about “The Great Resignation” as more Americans than ever are leaving their jobs. We examine why this is happening in our latest informative article.

The Social Security Administration announced a 2021 Cost of Living Increase of 1.3% on Oct. 13, 2020. Whether you’re currently working or enjoying retirement, here’s how you may be affected.