As their name implies, RMDs set a minimum amount that must be withdrawn and taxed once those account holders hit a certain age – 73, for traditional IRA and 401(k)s.

Nearly 7% of Vanguard’s IRA investors age 73 and up fail to take required annual withdrawals, triggering costly tax penalties ...

What is the best time of year to take required minimum distributions from a traditional IRA? A recent study has some ...

The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax ...

Here’s how to avoid rampant confusion about MAGI, tax-free Roth IRA withdrawals and charitable donations using IRA funds.

It's true that there are income limits to be eligible to contribute to a Roth IRA. Starting in 2026, if you're single or the head of household, the income limit is $168,000; if you're married and ...

Oh boy! Did I get your attention? You say, “But Kelly! I thought all Roth IRA distributions were tax free!” I say, “Not so fast, Sparky.” This is embarrassing. I used to think like you. Then I got my ...

It’s that time of year again. With April 15 fast approaching, everyone is looking for ways to make their tax bills more efficient. And while tax mitigation strategies are a vital component of nearly ...

Financial advisors and their clients have a range of options to consider for traditional IRA holdings — but also a finite ...

W hen a taxpayer takes a cash distribution from a regular individual retirement account (IRA), the entire amount is gross income unless part of the distribution represents a return of his or her ...

Explore options for using a traditional IRA to fund a grandchild's 529 plan, including tax implications and alternative funding strategies for education.