Fact checked by Vikki Velasquez One of the great things about individual retirement accounts (IRAs) is that they can significantly grow your retirement savings, even with modest contributions. But you ...

Fact checked by Suzanne Kvilhaug When an unexpected financial crisis hits, an emergency fund is the ideal safety net to cover surprise expenses. However, an alternative—and sometimes the only ...

RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...

Under normal circumstances, IRAs can’t be transferred or gifted to a new owner, but divorce is an exception. IRAs can be ...

Keeping one's retirement assets in cash not only means that workers are losing out on the potential long-term gains, but are also eroding the value of their savings due to inflation. Among IRA ...

While Vanguard's newly released "How America Saves" yearly report reveals that Americans' 401 (k) savings rates are at record ...

More than one million workers have “auto-IRA” retirement accounts, a milestone in the effort to boost 401(k) and IRA savings in America.

Historically, an IRA, or individual retirement account, is a retirement savings option that you access of your own accord — unlike, say, employer-sponsored options like 401(k) plans or pensions.

"If you take out $130,000 you’re going to owe approximately — let’s say just you and your husband make $60,000 a year…You ...

An IRA or 401(k) can help you supercharge your retirement savings. We'll help you pick one or opt for both.

How an IRA works. For traditional IRAs and Roth IRAs, the contribution limit for 2024 and 2025 is $7,000. If you are 50 or older, you can make a “catch-up” contribution of $1,000.

Saving for retirement can be very difficult for married spouses who stay home to care for family or otherwise have little ...