Tag Archive for: ira

This Is The ‘Billion-Dollar Blind Spot’ Of 401(k)-To-IRA Rollovers, Vanguard Finds

Rollovers from a workplace retirement plan to an IRA are common after reaching certain milestones like changing jobs or retiring. However, many investors who move their money to an IRA park those funds in cash for months or years instead of investing it — a move that causes their savings to “languish.”

What Are The Tax Rates For Different Types Of Retirement Income?

Your IRAs, pensions, taxable accounts and Social Security distributions create various tax implications. So, it’s vital to understand them and implement strategies to reduce your tax liability and maximize your retirement funds.

Here’s Why 40% Of 401(k) Savers Could Lose Out On Lots Of Money

Contributing to a 401(k) plan is one of the most efficient…

Is This Retirement Account The New 401(k)?

The best place to stash your savings isn't a retirement account at all -- it's your health savings account. If you don't have one or don't know what they are, you definitely want to read this. CLICK ON THE HEADLINE FOR MORE

The Single Most Important Tax Rule For 2020

As the end of the year approaches, more people will start looking at tax planning in order to pay as little as possible to Uncle Sam in early 2021. What are known as the wash sale rules could be the most important tax rules for investors in 2020. CLICK ON THE HEADLINE FOR MORE

Taking A CARES Act Retirement Plan Withdrawal? Prepare For This Tax Surprise

Taking a CARES Act withdrawal might see like a solid move, especially if money is tight and your borrowing options are limited. But if you do decide to take money out of your retirement plan this year, you may wind up with a tax headache on your hands. CLICK ON THE HEADLINE FOR MORE