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 ...

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 ...

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 ...

The fiscal year 2025 introduces new contribution limits for SEP IRA accounts, offering increased savings potential for small ...

A 401 (k) is the most popular type of retirement account, but it's not the only option available. Others, like individual ...

These limits remain the same for 2025. There is no limit on how much you can convert from tax-deferred savings to your Roth IRA in a single year. The Bottom Line .

"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 ...

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.

Q. Dan, I’m 52, single, make $110,000 and want to crank up my savings for retirement. I’ve maxed out my contributions to my 401(k) the last three years (love the tax break) and am looking at a ...

Accessibility of funds in a Roth IRA is greater than a 401(k) or a traditional IRA but less than a savings account. With savings accounts, you can access funds at any time.

MoneyWatch: Bear market causes Americans to lose trillions in retirement savings 04:04. Individual retirement accounts, or IRAs, are the dominant retirement account in America today.Nearly 4 in 10 ...