In school, I learned the basics of personal finance, such as budgeting, saving, and spending. However, I wasn’t taught how to ...

In reality, though, the best move for a lot of people is to take the tax hit and convert a lot of money quickly, says Laurence Kotlikoff, an economics professor at Boston University. “Go big or go ...

Saving for retirement in a tax-advantaged plan makes a lot of sense. Why not reap some IRS benefits in the course of building ...

Discover how converting your traditional IRA to a Roth IRA can provide tax-free withdrawals and no RMDs for you and your heirs. Learn the benefits and timing strategies.

However, investors should be aware of two important changes in 2025. First, the income limits for traditional IRA deduction limits have increased. Second, the income limits for Roth IRA eligibility ...

When it comes to IRA contributions, don’t wait to add your contributions even though your deadline is April 15. When deciding ...

Few people would complain about receiving an inheritance, including one in the form of an IRA. However, there are some rules ...

With a traditional IRA, you pay tax later. When you contribute to a traditional IRA, if your income is below certain limits, ...

Contribution limits are not reduced to a Roth or traditional IRA based on 401(k) participation, so maximize contributions if ...

My regular readers know that I think of everyone I meet as a "retiree" or a "future retiree," no matter their age. And yes, in case you're wondering, I don't exclude 5- and 10- year-olds from the ...

Multiple states have reached a tentative new agreement with the Sackler family, who made billions of dollars marketing OxyContin, the drug that set off the U.S. opioid crisis. New York State Attorney ...

A record number of passengers traveled through the Chicago Rockford International Airport (RFD) in 2024, the airport ...