Understand the consequences of withdrawing money from a 401(k) or IRA retirement account for emergencies and create a plan to ...

One nice thing about Roth IRAs, as opposed to traditional IRAs, is that you're not forced to take required minimum ...

Key Points Roth IRA contributions can be withdrawn anytime without taxes or penalties. Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion.

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers five questions on inherited IRAs.

A taxpayer whose individual retirement account was paid to the government under a criminal court order did not have taxable ...

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

A Roth IRA conversion ladder is a multiyear strategy that allows you to tap your retirement account without penalty before reaching age 59½. When you do a Roth IRA conversion, you must wait at ...

Drawing money from the IRA to pay the tax will result in an additional tax bill, and a penalty if you're under age 59-1/2. Before you jump into a Roth conversion, make sure you understand the ...

Recent market swings due to tariffs have unsettled investors, including IRA owners, though conditions have stabilized ...

If you withdraw earnings before 59½ or before five years, you may owe taxes and penalties. However, you can withdraw your ...

Another option you can look at is claiming early Social Security. You'll face a permanent reduction in benefits if you don't ...

I’m now writing to you for advice a second time. I’m 51, still married, 25 years now, and still residing in Maryland. My ...