SmartAsset on MSN

Should I Convert 25% of My 401(k) Over 4 Years to Avoid RMDs and Taxes Before Retiring?

Transferring some of your retirement savings from a tax-deferred account like a 401(k) to a Roth IRA can help you reduce or ...

I was the beneficiary of my late wife’s IRA and 401(k) — but I want our kids to get the cash. Do I still have to take minimum distributions one day?

I was the beneficiary of my late wife’s IRA and 401 (k) — but I want our kids to get the cash. Do I still have to take ...

I’m 53 and was forced to retire. I have $700K invested that currently kicks off $50K a year in distributions, as well as $320K in retirement funds. Now what?

Have an issue with your financial planner or looking for a new one? Email questions or concerns to [email protected].

10 Mistakes You Should Never Make Before Retirement

Just because retirement is coming doesn't mean you can derail your financial savvy. Rather, it's important to continue ...
The Free Financial Advisor

These 6 Moves Can Ensure Your Child Retires A Millionaire

With the right strategies, you can help ensure your child retires a millionaire, no matter what career path they choose. The ...

Liz Weston: Want to avoid taxes on minimum distributions from retirement accounts? There are a few ways

Answer: If you got a deduction for contributing this money, and you want to keep the funds you’re required to withdraw, then yes, you have to pay taxes on these distributions.

Climbing (And Descending) The Mountain: Why Roth Conversions Matter In Retirement

Climbing the retirement mountain takes years of saving discipline. But descending safely—turning savings into sustainable ...

3 Retirement Savings Mistakes You Might Kick Yourself For

When it comes to building a retirement nest egg, you have a choice. You could put money into a traditional IRA or 401 (k) for the immediate tax break on your contributions. Or you could give up that ...