Retirement planning

For retirees, dipping into their traditional retirement accounts could trigger an income tax bill while withdrawing from Roth accounts might not result in a tax liability.

Borrowing against a 401(k) plan or taking an IRA withdrawal can work under the right circumstances.

Prospects are further aggravated by the disappearance of pension plans and the financial woes facing Social Security.

After a booking error by an advisor, a client barely avoided being taxed on $500,000 and dodged more than $200,000 in taxes and penalties.

The company’s behavioral science unit discovered website-related elements encourage employees to save more.

Over the last four decades, the average income of retiree households significantly outpaced those still in the workforce.

The asset management and software giants plan to start the rollout of their 401(k) tool and app later this year.

Despite an environment of, “Hey, go figure it out,” there are ways advisors can properly prepare clients, In|Vest attendees are told.

Before saving for retirement, young investors are advised to pay down high-interest debts and build an emergency fund, an expert says.

Some plan to downsize to an inexpensive town nearby.

They may look good on paper, but such investments also come with thorny challenges.

If passed, non-spouse heirs would be required to drain assets within 10 years after the owner’s death.

This basketball analogy can help you explain how portfolio diversification works across multiple asset classes.

Clients have to increase their risk exposure to ensure they don’t outlive their savings.

Clients can use Roth IRAs, 529 plans and — yes — life insurance to give their children a head start.

Which is better? An SEP plan or solo 401(k)?

But health care is probably more expensive.

Those with 1099 income have several tax-advantaged options.

These super savers have a few tricks up their sleeves to reach their goals.