If you’re an employee thinking about how to save for retirement, individual retirement accounts, known as IRAs, are worth ...

“This can be used as a short-term, interest-free loan, but if not repaid in full within the timeframe, the withdrawal is treated as a taxable distribution and may incur a 10% early withdrawal penalty ...

Learn why homebuyers who need to come up with upfront costs like down payments should consider carefully before using ...

Taking money out of a Roth individual retirement account without triggering income taxes or penalties is trickier than you ...

Explore PenFed CD rates. PenFed is a credit union that permits anyone in the United States to open CDs. Explore CD options ...

As of September last year, $8.9 trillion was sitting in 401(k) retirement accounts, according to the Investment Company ...

According to Empower, you can withdraw from a workplace retirement plan if: If you are under 59 1/2, you typically can’t take ...

Required minimum distributions (RMDs) are the minimum amounts you must withdraw from your accounts annually. Typically, ...

Do Roth IRAs have RMDs? Here's what you should know about the rules for Roth IRAs and so you can avoid any potential tax penalties.

Roth IRA withdrawals are tax and penalty-free ... Contributions to Roth IRAs may be withdrawn at any time, at any age, without taxes or penalties. Your Roth IRA balance is made up of three types ...

Investing is one of the best ways to build long-term wealth, but picking the right type of account can feel confusing. You ...

The only option open to taxpayers at all income levels is a traditional nondeductible IRA, but this subjects investors to two ...