According to the Social Security Administration, the average monthly benefit payment to retirees as of January 2025 is $1,976 ...

Dear Quentin, When I leave my job, would I be better off taking a $61,000 lump sum to roll over into an existing IRA or, ...

For one, it has a much higher contribution limit than many other retirement accounts. In 2025, you can invest up to $23,500 per year in a 401 (k), while the contribution limit for traditional and Roth ...

With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the retirement process.

A Roth IRA can be a great way to save for retirement, as the accounts have no required minimum distributions and you can ...

Help your teen build lifelong financial security. Learn how a Roth IRA offers early tax-free growth and financial flexibility throughout life.

Not all money in a Roth Thrift Savings Plan account is automatically tax-free, and there are several things to consider ...

"The earlier you start, the better—because it increases the time horizon for growth," Prince Dykes, founder of the Global ...

Note that although the question at hand is about withdrawing conversions (meaning funds moved from a traditional IRA to a Roth IRA), the same goes for withdrawing standard contributions. Now, let’s ...

RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...

I really appreciate your column and the advice you provide. I have been considering "retiring" early to have more time with my husband during our younger years. We were both married for more than 20 ...

A common Roth conversion scenario occurs when an employee retires with a 403(b) or 401(k) plan and rolls it over into an IRA. That often makes good sense. Then, at some later date, it becomes apparent ...