News

Is Taking Your Required Minimum Distribution (RMD) in July a Smart Move?
The market's recent rebound and current bullishness is giving some retirees good reason to make these withdrawals as soon as ...
24/7 Wall St.1d
How I Plan to Boost My Financial Future with a Roth IRA Contribution
In this piece, we’ll check in on a case of a 20-something-year-old individual who took to the r/MiddleClassFinance subreddit in search of advice for how they can save up for their future using the ...
Hot Springs Sentinel-Record2d
SENIOR SCENE | IRA strategies during uncertain markets
Recent market swings due to tariffs have unsettled investors, including IRA owners, though conditions have stabilized ...
SmartAsset on MSN2d
I Have $640k in a 401(k). How Can I Minimize Taxes on a Roth Conversion?
Converting a 401(k) to a Roth IRA can potentially provide valuable long-term benefits, but it also triggers a tax bill that ...
Don’t Pay Taxes Twice: Here’s How to Save Thousands on IRA Distributions
Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...
Why Smart Retirees Are Ditching Traditional Financial Plans
Financial plans based purely on growth, like the 60/40 portfolio, are built for a different era. Today’s retirees need plans ...
SmartAsset on MSN4d
I'm 65 With $1.2M in an IRA and Taking Social Security. Is It Too Late for a Roth Conversion?
Imagine you’re 65 with $1.2 million in an IRA and a lingering question: should you convert your account into a Roth IRA? The ...
Want to Avoid the IRMAA? Consider a Roth Conversion
If you make above a certain income, expect to pay more for Medicare, due to the IRMAA, unless you take steps to lower your ...