Latest
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Roth Conversions Play Key Role in Defusing a Retirement Tax Bomb
Roth IRAs Investors can do a Roth conversion at any time, but there are three distinct windows of opportunity when the timing is golden for those looking to slash their taxes in retirement.
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How to Keep More Money in Retirement: Tax Diversification
Making Your Money Last No one likes paying taxes, especially once you've retired and are no longer earning a paycheck. So here are some steps to consider now that could help minimize your taxes later.
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Defusing the Retirement “Tax Bomb” with David McClellan
Tax Breaks If you’ve dutifully socked away money in a 401(k) or IRA for years, you could be in for an unpleasant shock when it comes time to take money out of those accounts. Also, the IRS is sending out a surprise round of checks.
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Big Changes to the Saver's Credit Could Be on the Way
Tax Breaks Congress is considering legislation that would turn the Saver's Credit into a government match to your retirement plan contributions.
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Saver's Credit: A Retirement Tax Break for the Middle Class
Tax Breaks If your income isn't too high, the Saver's Credit can help lower your tax bill if you contribute to a retirement account now.
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Will Your Kids Inherit a Tax Bomb from You?
required minimum distributions (RMDs) You’ve carefully saved a lot in tax-deferred retirement accounts, and you hope to pass much of that wealth to your loved ones. Unfortunately, your legacy for your heirs will also include a massive tax bill.
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A Few Important Roth IRA Basics for Investors
IRAs Roth IRAs have a lot going for them … if you use them right. Here’s a roundup of the withdrawal rules, penalties and taxation of Roth IRAs.
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What to Do With Your Former Employer’s 401(k)
Basics Leave it behind, move it to your new job’s plan, or roll it over to an IRA. Each of the options has pros and cons.
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IRAs vs. 401(k)s: Exceptions to 10% Penalty for Withdrawals Under Age 59½ Differ
IRAs Before pulling money out of retirement accounts early, check the rules. The exceptions to penalties can differ depending on which type of account you’ve got.
