If you inherited an IRA from someone who died in 2019 or earlier, you're probably confused about the rules. You're ...

Even a modest inheritance like $50,000 has the power to positively change your life over the long term—provided you use it wisely.

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

Your spouse’s employer plan may force you into withdrawals sooner than you think. Here’s what you need to know.

A helpful wrinkle in Donald Trump's One Big Beautiful Bill Act is setting up what economists expect will be a record tax ...

For example, some beneficiaries choose to only take the RMDs and end up with a large remaining balance in year 10, which then ...

When writing about taxation of retirement accounts, I've referred to IRS Publication 590- B many times, as it provides guidelines to taxpayers for handling required minimum distributions from ...

When his wife, Kathy, inherited a $246,000 traditional individual retirement account from her mother last year, Brian Creighton said they felt blessed and wanted to be good stewards of the money. The ...

Readers of my column know I emphasize the importance of naming beneficiaries for every IRA account. Many ask under what circumstances they should consider naming a trust as an IRA beneficiary. In a ...

Going into the 2024 presidential election, the conventional wisdom and received knowledge of the chattering classes, when asked whether or not it was smart to convert a regular IRA into a Roth IRA ...

Naming your trust as the beneficiary of your IRA could have terrible tax consequences. This single fact does not mean you should never name a trust as the beneficiary of your IRA or other retirement ...

The IRS raised the 401(k) contribution limit to $24,500 for 2026, giving workers another $1,000 in tax-deferred savings room — though only a fraction of employees take full advantage of the cap. The ...