‘I want to enjoy the time we have left without going crazy’: I’m 68 and own 6 homes worth $1.8 million. I have $700K in a 401(k). Should I withdraw it?
Dear Quentin, I am a 68-year-old woman married to a 75-year-old man. I’ve been working past my full retirement age, and plan to quit soon. I earn $3,680 a month. Between Social ...
The Unfortunate Truth About Maxing Out Your 401(k)
Employer-sponsored 401 (k)s come in two main varieties: traditional and Roth, just as there are traditional and Roth IRAs. With a traditional 401 (k) or a traditional IRA, you typically get an upfront ...
2 tax-saving moves to make this year with no guarantee Congress extends Trump's 2017 tax cuts
Trump's 2017 tax bill is up for renewal this year. Here's what it means for your taxes and how to take advantage of low taxes ...
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$1M in HSA is a rosy projection. But smaller savings still pay off
The estimate for the amount required for 65-year-old spouses is one of many from a study full of figures that financial advisors can use to highlight the value of HSAs.
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Should I convert my Roth IRA into a 529 plan?
Contributions to a Roth IRA can be withdrawn penalty-free to open a 529 plan. 529 plans allow contributions to grow tax-free ...
Should You Use Your IRA to Fund Your HSA? Pros, Cons and Expert Insights
Thinking about transferring IRA funds to your HSA? Discover when this tax-free rollover can be beneficial for you.
A Roth IRA offers a ‘longer runway for tax-free investing,' advisor says. Here's how to use it
Therefore, a Roth IRA provides a "much longer runway for tax-free investing," said certified financial planner Thomas Scanlon ...
Retirement Planning After 50: What You Can Do To Catch Up
Retirement often feels far off for adults in their 30s and 40s, making it easy to put off saving. But once you hit your 50s, ...