A 62-year-old with $1.5 million in a traditional IRA may be wise to consider converting $150,000 per year to a Roth IRA to ...

There is no best time to take a required minimum distribution (RMD), but delaying until December can maximize tax-deferred ...

Forty years after we met them, the five Gen X icons from the John Hughes classic would be facing retirement. Here’s how that might look for each of them. The five teens who make up The Breakfast Club ...

Aim to max out your 401(k) or meet whatever personal savings goal you've set. Take losses strategically in your portfolio to offset gains. Be mindful of RMD deadlines to avoid a huge penalty. Checking ...

Rachel Hanley is a contributing writer for Investopedia with over six years of experience developing content for financial professionals, institutions, and marketing agencies. ruizluquepaz / Getty ...

You may not realize it, but some tax-advantaged retirement accounts such as traditional IRAs, SEP IRAs, and SIMPLE IRAs, will require that you take Required Minimum Distributions (RMDs) once you reach ...

If you're in or nearing retirement, a Roth conversion might be the most powerful tool you're not using — or not using correctly. A Roth conversion done right can dramatically lower your lifetime tax ...