retirement account

A recent legal case involving a prominent lawyer, Marilyn Mosby, exposed what happens when someone lies on their application to make a hardship withdrawal from a retirement account. The case ...

When you want money to buy a large item such as a car or a house, withdrawing it ...

Maintaining a quality of life when you retire is vital. But you can’t work forever, and Social Security ...

Buying a house has always been a part of the American dream. It not only adds prestige to ...

Required minimum distributions (RMD) are mandatory once you retire and reach 73. The RMD is the smallest amount ...

Now that retirement spans more years than ever, you might need to rethink how you’re envisioning that stage ...

Even though most people feel there is a need to save for retirement, many do not realize that ...

Many Americans now hope to be able to work past 65 to help cope with rising costs. For ...

In October 2023, President Joe Biden revealed that he intended to stop junk fees. Many industries typically add ...

Getting a cash inheritance can be exhilarating, making you think about all you could do with the money. ...

After Congress passed SECURE 2.0 in December of 2022, it changed how retirement plan catch-up contributions would work ...

According to the Employee Benefit Research Institute, only 33 percent of Americans feel confident about retiring comfortably. Many ...

Professional organizers might define household clutter as a pile of unmade decisions. Money clutter is much the same. ...

A New York City subway operator, a school teacher, and other public workers have filed a lawsuit against ...

I did everything backward when I started freelancing. I was fresh out of journalism school. Instead of getting ...

As a business owner, you have an assortment of retirement options. These range from the straightforward, think an Individual ...

As you get closer to the age when you need to take required minimum distributions (RMDs) from your ...

Retirement can be a dream for one and a nightmare for another. People treat retirement differently, depending on ...

Tax time will soon be here. The good news is that there still is time to reduce your ...

The type of retirement fund you have can seriously affect the amount of money your beneficiaries will receive. ...

For the self-employed, retirement planning can be a bit more complicated than for the rest of the population. ...

More people are taking loans from their retirement accounts [401(k), 403(b), etc.] than ever, simply because they can. ...

Social Security benefits were designed to supplement our income needs in retirement by providing about 40 percent of ...

A 401(k) plan gives participants little choice. The company will have selected the fund manager. The fund manager ...

When you make a contribution to a traditional Individual Retirement Account or 401(k), the tax liability on the ...

Inflation does not discriminate. Just like it's squeezing everybody's wallet, it's hitting almost every investment in a retirement ...

Dear Dave, I have $11,000 in a mutual fund account that is not a retirement account. My wife ...