When stocks fall, it can be a good time to get money out of tax-deferred accounts to avoid a ticking tax time bomb.

With retirement planning and taxes, there are often two ways to look at a question: First, can you do something, and then, ...

Explore the tax benefits of reverse mortgages, including strategies for Roth conversions and delaying Social Security.

How do I plan my withdrawals in a way that minimizes taxes? You can start taking money from your 401(k) penalty-free at a ...

Roth IRAs, on the other hand, do not offer a tax break on contributions. Instead, they offer tax-free gains and withdrawals, ...

In the case of many individuals investigating the FIRE (financial independence, retire early) lifestyle, there is always a ...

There’s a reason workers are often advised to save for retirement in a Roth IRA or 401(k). Not only do Roth retirement plans ...

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a traditional IRA instead and then convert it to a Roth. While you can only ...

Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement ...

CNBC reported last year that Roth conversions were up 46% year-over-year. Google Trends data shows interest in Roth ...

Is there a time I should start withdrawing from a Roth IRA or should I just leave it for my heirs? When inheriting a Roth, ...

You can start taking money from your 401 (k) penalty-free at age 59 ½. So you shouldn't be penalized if you are 60 and ...