An individual retirement account is an excellent way to save for retirement. Many employers allow you to invest pretax money in your IRA right from your paycheck, so it’s easy and convenient. However, ...

When you leave a job, it is usually a smart move to take your 401(k) with you. That does not mean cashing it out, since doing ...

Learn the ins and outs of 401(k) withdrawals and potential penalties before making any moves with your retirement money.

You probably already know that saving for retirement can be challenging. It's not just finding money you can spare. You also have to decide where to put it and what to invest it in, so it'll be worth ...

WHEN CLIENTS ARE DESPERATE FOR FUNDS because of unforeseen circumstances, CPAs can help them tap retirement funds without triggering the 10% early withdrawal penalty. Eight exemptions to this penalty ...

I'm so sorry to hear this. That has to be rough. I'm going to assume all the funds in the traditional IRA are pretax. Unless an exception applies, taking any of those funds or earnings from your Roth ...

Once you establish a retirement account, such as an IRA or 401(k), you want to maintain your balances and obtain tax-free growth for as long as possible. When unplanned expenses arise, you don’t want ...