I am 62 and was told that my required minimum distribution will start when I turn 75. At that time, I am projected to have $4.5 million in an IRA. My RMD would be $180,000 and the taxes would be high.

RMDs begin in the year you turn 73, and the exact amount you're required to withdraw varies depending on your age and account balance. Here's how much your RMD could be if you have $750,000 in ...

Aligning your Roth IRA investments with your racial equity values may potentially maximize returns. Learn how values aligned ...

Russel Kinnel: It’s IRA season once again. Up until tax day, you can contribute to an IRA or Roth IRA. IRAs allow you to ...

Social Security, retirement accounts, taxable accounts and pensions all have different tax implications. When you start ...

Depending on your age and other factors, you might face a penalty if you tap into your IRA early. Find out when early ...

Traditional IRAs offer the potential for tax deductibility in the present, while Roth IRA contributions are made with ...

No, you can't borrow money or take a loan from an IRA. That said, there are some ways to get money out of your traditional IRA or Roth IRA in a pinch. If you're 59 1/2 or older Once you're age 59 ...

Pros and Cons Open an Account Earn a $150 bonus when signing up $1,000 0.99% - 1.99% one-time deposit fee, 2.00% transaction fee, and a 0.08% security fee billed monthly Traditional IRA ...

Rolling your old 401(k) over into an IRA can give you more control over your investments. Here's a list of the best places for an IRA rollover. Many, or all, of the products featured on this page ...

I have a pretty good amount in my IRA ($500,000) that I have contributed to for years. I also funded my husband’s IRA spousal account ($70,000) as he seldom worked and made zero contributions ...

Well, that's a possibility. Unlike traditional IRA accounts (sometimes called contributory IRAs) funded with pre-tax contributions and taxed as money is withdrawn, distributions from Roth IRAs are ...