Roth IRAs

Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.

Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.

The most important consideration is that employees are able to complete the 35-year work period because benefits are based on the 35 highest-paid years from their careers.

Although traditional IRAs offer upfront tax deductions, clients will have to pay taxes later in life when they likely will be in a higher tax bracket.

Although traditional IRAs offer upfront tax deductions, clients will have to pay taxes later in life when they likely will be in a higher tax bracket.

A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.

A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.

Continuously increasing the FRA is particularly hard on lower-income workers because they tend to retire early.

Retirees can help their grandchildren prepare for future expenses or build a tax-free retirement income.

Retirees are advised to find gigs that suit them and have realistic expectations about the work they do.

People who have left the workforce and wish to return are advised to find jobs that suit them.

More people are planning to wait to file for benefits, but just 25% are even aware of their full retirement age.

A couple who expects to earn a bigger income in the future is advised to convert part of their IRA into a Roth now while they are in a lower tax bracket.

A couple who expects to earn a bigger income in the future is advised to convert part of their IRA into a Roth now while they are in a lower tax bracket.

Here’s how to decide whether your client should select the traditional or Roth IRA to put away for retirement and boost their savings.

Each plan has pros and cons: Clients who own a Roth IRA for at least 5 years are entitled to penalty-free withdrawals for education expenses, but they'll owe income taxes on those earnings.

Each plan has pros and cons: Clients who own a Roth IRA for at least 5 years are entitled to penalty-free withdrawals for education expenses, but they'll owe income taxes on those earnings.

One important somber step for 40-something clients is to consider what happens to their assets when they die.

A reverse rollover from IRAs to other retirement plans is an option that enables investors to improve their tax efficiency.

A reverse rollover from IRAs to other retirement plans is an option that enables investors to improve their tax efficiency.