Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...

Common triggers for Form 5329 include taking an early distribution to a qualified retirement account or making excess contributions to it. Form 5329 reports a taxpayer's use of a tax-advantaged ...

Whichever type of qualified retirement plan you end up with, make sure you understand any rules associated with contributions or withdrawals, and talk to your company's HR department if you have ...

An employee stock ownership plan is a qualified defined contribution plan that invests in the stock of the sponsoring ...

Explore the benefits of using annuities within traditional and Roth IRAs to generate guaranteed lifetime income. Learn about ...

Editor’s note: This is part eight of an ongoing series throughout this year focused on helping older adults navigate the financial difficulties of gray divorce. See below for links to the other ...

Employer-provided qualified retirement plans, including 401(k), 457 and 403(b) plans, are the place to start because of their big tax advantages. However, some employers don’t offer them.

Responding to a recent call from a financial advisor in Ohio, the ERISA consultants at the Retirement Learning Center (RLC) address a question on SIMPLE IRA catch-up contribution limits.

Saving for retirement on your own is a critical task if you don't have access to a workplace plan. Tax time is the best time ...

Their real retirement plan: Keep on truckin ... and take it out tax-free for qualified healthcare expenses. The 2024 annual contribution limit for individuals is $4,150. For family coverage ...