Retirement
Latest Retirement News
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…
What Is Pension Maximization?
Pension maximization is a strategy used by individuals who have a traditional pension plan to potentially increase the amount of…
How Mutual Funds Can Be Used for Retirement
Mutual funds are commonly used for retirement planning because they offer diversification, professional management and reduced risk when compared with…
How Can a Trust Own an Annuity?
Annuities can offer a steady stream of income when you need it most, while trusts provide a structured way to…
Can a Nursing Home Take Our Savings? We Have $350,000 in IRAs
A $350,000 account could be exhausted in just a few years if both members of a couple required semi-private rooms…
What Happens If You Exceed the Roth IRA Income Limit?
The IRS puts annual income limits on a Roth IRA. When you exceed that limit, the IRS generally charges a…
