Imagine that you have $900,000 in a Roth IRA and collect another $2,200 per month in Social Security. Can you afford to ...

To see if they'll apply to you, you have to calculate your combined income, which is the total of your adjusted gross income, ...

Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting ...

But don't assume you'll get to collect those monthly Social Security checks tax-free. There's a good chance you'll end up ...

If you're strategic about your retirement account withdrawals, you can potentially minimize the taxes you'll pay on your ...

The average Social Security payout is currently less than $2,000 a month, and it's expected to drop even lower in years.

One of the big keys to ensuring you're saving enough is setting a specific numeric goal, and then mathematically working your ...

All of your other sources of income will be subject to income tax, from 401(k) and IRA plans to your Social Security. That Roth IRA, on the other hand, will generate an effectively much higher ...

There are no monthly service fees and no account minimums. To open a Roth IRA at Charles Schwab, you'll need your Social Security number, your employer's name and address, if applicable ...

Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation.

An individual retirement account (IRA) is a versatile personal savings plan designed to help Americans save for retirement, ...