If you withdraw money from your traditional IRA before age 59½, you will likely have to pay a 10% penalty on top of regular ...

Making tax-free withdrawals from a Roth IRA depends on when — and what — you’re withdrawing. Otherwise, taxes and penalties could apply. Many, or all, of the products featured on this page are from ...

Discover how to avoid costly mistakes with traditional IRAs and maximize your retirement savings with these expert tips on ...

Taking a distribution from your IRA is a big deal from a tax perspective, with a potential impact on your taxable income and with penalties applying for certain types of distributions. Inevitably, ...

Unfortunately, the SECURE Act of 2019 made it more difficult for the beneficiaries of IRAs and other retirement accounts to ...

W hen a taxpayer takes a cash distribution from a regular individual retirement account (IRA), the entire amount is gross income unless part of the distribution represents a return of his or her ...

Consider this scenario. A couple is 61 years old. They've saved roughly $900,000 for retirement, and they still carry a ...

We’re well into the third quarter of the year, so it’s a good time to review the actions you should consider taking with your IRAs before Dec. 31. Most people don’t consider their options until late ...

Take Becka, a hypothetical married mother of three who inherited her mom’s individual retirement account (IRA). She needs to ...