Retirement
Latest Retirement News
I’m 66, Taking Social Security, and Have $745,000 in a 401(k). Is It Too Late to Convert to a Roth IRA?
Legally, it’s never too late to make a Roth conversion. The IRS will let you move qualifying funds at any…
I Have a 401(k) From a Previous Employer. What Should I Do With It?
If you’ve changed jobs recently, don’t put off deciding what to do with your 401(k) for too long. While you…
What Is a Mega Backdoor Roth Conversion?
Retirement savers typically use a mega backdoor Roth conversion, in addition to a backdoor Roth 401k, when they have already…
I’m 75 With $900,000 in an IRA. How Do I Make Sure This Money Lasts the Rest of My Life?
Ensuring that your retirement savings last the rest of your life often requires balancing income with expenses over your projected…
I’m Getting Divorced This Year at 55 With $800k in a 401(k). How Do I Protect My Finances?
Like all family and property law, divorce is a highly state-specific process. How you will handle a divorce and protect…
I’m 60 With $1.1 Million in an IRA. Is It Worth Converting $100,000 Per Year to a Roth to Avoid RMDs?
The advantage to switching your money from a pre-tax portfolio, like a traditional IRA, to a post-tax Roth IRA is…
What Should I Do With My 403(b) Once I Retire?
If you have an employer-sponsored retirement plan, like a 403(b), leaving your job means you’ll need to decide what to…
How Much You Need to Save to Retire With $5 Million
Accumulating a $5 million nest will require saving each month somewhere between a few thousand dollars and a few tens…
Can I Use My RMDs to Transfer Money Into My Roth IRA?
If you’re taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don’t need the money to…
How a 457(b) Plan Works After Retirement
Government employees, or those of a charity or religious organization, might have the opportunity to invest in a retirement account…
