This retirement account may seem appealing because of the freedom it affords, but it will cause you to bleed precious money ...

If you’re looking to save for retirement, an IRA is a great place to start. Here are the best places to open an IRA account.

Key takeaways IRAs are a tax-advantaged way to save for your future. You can open an account even if you’re also investing in an employer-sponsored account like a 401(k), assuming you meet the other ...

The U.S. tax code rewards planning and documentation—not procrastination. By taking action before December 31, you can ...

Nine tax strategies the wealthy use to keep more money—and why some work for everyday earners with the right guidance. All ...

Learn how LLCs can set up a SEP IRA for retirement savings. Understand eligibility, contribution limits, and key considerations for business owners and freelancers.

A little-known IRS tax rule called a qualified charitable distribution can help retirees donate to charity and pay less tax.

Gain control of your financial picture long before tax season arrives by making these moves right now. You'll save money, optimize future tax planning, and lower stress.

To encourage retirement saving, Congress has provided Americans with an array of tax-favored accounts. These provide individual Americans many benefits, but there are pitfalls in terms of when and how ...

In a recent monthly newsletter from IRA expert Ed Slott, a discussion of loan options from retirement accounts referenced a recent study by Fidelity, which found that since 2021 the percentage of ...

One way to mitigate this issue is to keep some portion of your portfolio in cash or short-term bonds to meet short-term needs. You can rely on this cash buffer when the market is down, your ...

Unlike employees who simply leave a job behind, self-employed individuals must consider what happens to their business when ...