New IRS rules for inherited IRAs became effective last year. Pay attention to avoid a 25% penalty and a "tax bomb".

Inherited IRA distribution rules have changed in ways that can significantly impact your taxes and tax strategy.

Under the SECURE Act, signed into law in December 2019, most nonspouse beneficiaries must withdraw all the money from an ...

Learn how inheriting a US IRA or 401(k) works for spouses and non-spouses, including taxes, withdrawal rules, and opportunities for tax deferral.

Inheriting an IRA from someone who was not your spouse can feel like a financial gift — until you meet the maze of rules that come with it. The IRS doesn’t exactly hand out user manuals, and one wrong ...

Americans hold an estimated $18 trillion in IRAs and $13 trillion in defined contribution plans, and some of these funds will ultimately pass to the account owner’s designated beneficiaries upon death ...

Unlike with traditional IRAs, Roths do not provide tax savings, so anyone converting such funds to a Roth must pay federal income taxes on the amount converted.

Whether you opened a Roth IRA years ago or have had your eye on one, you probably have a sense of what a great investment vehicle it is. A Roth IRA allows you to contribute money you've already paid ...