After retirement, most people see their annual income drop, and that's one of the things that makes an IRA so attractive.

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

Without access to a 401 (k) account, one of the best tools available to you is an individual retirement account. An IRA is ...

Converting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits – including tax-free ...

Learn how required minimum distributions (RMDs) affect your traditional IRA balance, how to calculate them and strategies to ...

If you currently have a high-deductible health plan, the money you invest in an HSA helps pay for medical care and can act as ...

For example, if your sole income is from a part ... anyone born in 1960 or later can wait until age 75 if they wish. A traditional IRA generally makes sense if you expect to be in a lower tax ...

The same rationale applies if you have assets in your traditional IRA that are now depressed in value. For example, Roth conversions are sometimes more popular when there is a downturn in the market.

Inherited IRAs offer financial opportunities to beneficiaries but you must understand the 10-year rule to optimize your ...

The two primary types of retirement accounts you may encounter are 401 (k) plans and individual retirement accounts (IRAs).