The Traditional IRA is the most widely used retirement account. Contributions are often tax-deductible, depending on income ...

Some heirs are considered "eligible designated beneficiaries," and the 10-year rule does not apply to them. These include ...

My good friend Bob from Munster had a question I thought merited visiting in the column. Bob’s question involved a topic we are dealing with more and more often in ...

Recent market swings due to tariffs have unsettled investors, including IRA owners, though conditions have stabilized ...

Dear Savvy Senior, What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost ...

Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...

"What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost our retirement ...

Not all money in a Roth Thrift Savings Plan account is automatically tax-free, and there are several things to consider ...

The contribution limit applies to all IRAs in a given year. For 2025, if you have both a traditional and a Roth IRA, you must decide how to divide $7,000 between the two.

A contribution to a traditional IRA can also be a tax-deductible contribution if certain conditions are met. On the other hand, there are income-based eligibility requirements to make a Roth IRA ...

You can contribute up to $7,000 annually into an IRA — or an additional catch-up contribution of $1,000 if you're 50 or older. And any match that the brokerage makes does not count toward your ...