An expert weighs in on a Reddit post about a person who reported a massive IRA withdrawal on their tax return — and ended up ...

This article discusses what RMDs are, how they work, what accounts have them, when you need to take them, how to calculate ...

If you have reached age 73, or will in the near-future, it is important to understand the regulations associated with required minimum distributions, or RMDs. If you have invested in traditional ...

The decision of whether to save for retirement through a Roth IRA or through a traditional IRA is a complex matter that can have significant financial implications in both the short term and the long ...

As you age, the rules for withdrawing money from your IRA change. For many years, retirees had to start withdrawing money after age 70 1/2. Under new rules, you must start taking required minimum ...

Unlike with traditional IRAs, Roths do not provide tax savings, so anyone converting such funds to a Roth must pay federal income taxes on the amount converted.

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...