RMDs are mandatory withdrawals from retirement accounts that you must make. Diversification remains just as important as when ...

Charitable gifting is especially in the spotlight since Microsoft co-founder Bill Gates recently announced that he plans ...

The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump over the July 4, 2025, weekend, is a sweeping multitrillion-dollar package that blends tax cuts with significant ...

A spousal IRA isn’t a unique type of IRA or a joint account, but instead it is a separate IRA opened and owned in the name of the nonworking or low-income earning spouse. This w ...

If you inherited an IRA from someone subject to RMDs after Dec. 31, 2019 and you're not a spouse, minor child, or less than ...

Due to the nature of an IRA, the IRS requires you to take required minimum distributions or RMDs, each year once you turn age 72 (for those whose 70th birthday is July 1, 2019, or later). If this wasn ...

I’m 84 and widowed. My daughter is the beneficiary of my IRA and the successor trustee for my revocable living trust.” ...

A George Mason University finance professor gamed out three common strategies on RMDs to find the best option.

A Gold IRA offers similar tax treatment to other IRAs, but the rules depend on whether it’s set up as Traditional or Roth.

The Rule of $1 More explains how to plan for critical retirement thresholds. "You don't want to step off a cliff just because of $1 more." ...

Parents can contribute up to $5,000 per year per kid into a Trump Account. This figure will be indexed to inflation starting ...