The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax ...

Dear Liz: I’m confused about required minimum distributions from my retirement accounts. I’d like to avoid taxes on my withdrawals, but it seems there is no way to avoid them. Please give me some ...

A recent post at American IRA has the answers. ASHEVILLE, NC, US, January 11, 2024 / EINPresswire.com / -- Noting that there are plenty of legitimate ways to avoid the taxes that can come with poor ...

Question: I am retired and turning 73 in 2025. My brokerage company just informed me by letter that I am required to take a distribution from my traditional IRA account. I do not need the money and do ...

The IRS eventually comes looking for the tax revenue it didn't get to collect earlier on the money invested within IRAs and other tax-deferred accounts. Just because you withdraw money from a ...

If you have money in tax-advantaged retirement accounts, you will be required to start taking required minimum distributions (RMDs) in the year you turn 73 if you were born between 1951 and 1959. This ...

I’m in my mid-70s, have no debt and have managed as a single person to amass about $1 million in traditional IRA savings, plus some non-retirement account investments. I also inherited a traditional ...

Explore options for using a traditional IRA to fund a grandchild's 529 plan, including tax implications and alternative funding strategies for education.