Picture this: you’re 65 years old, still working and have around $400,000 saved in a traditional IRA. You’re healthy, active ...

Let’s go back to the tax-bracket model that we used above. Since you’re still working and earning $80,000, you might choose ...

Individual Retirement Accounts (IRAs) offer tax advantages to help individuals save for retirement. However, understanding ...

Not only could you get a tax break, but the compounding effect over 35 years could turn the average refund into nearly ...

Forgetting to take your first RMD by April 1 in the year after you turn 73 can result in a significant tax penalty. “If you skip an RMD, the penalty can be steep: a 25% excise tax on the amount you ...

After retirement, most people see their annual income drop, and that's one of the things that makes an IRA so attractive.

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from ...

If you receive an inherited IRA, you can make withdrawals for up to 10 years before the entire amount is withdrawn. Redditors ...

If you’re like Mark, Susan or Tom, your retirement and legacy goals will shape the strategy for your wealth. There’s no ...