Roth and traditional individual retirement accounts (IRAs) are both tax-advantaged retirement savings accounts that allow you to grow your investment portfolio. You can contribute to either at any age ...

Usually, taking an early withdrawal from your 401 (k) or IRA means paying an extra 10% penalty on top of income taxes. There ...

But with a traditional IRA or 401 (k) plan, you get a tax break on the money that goes into your account. Your money also ...

I'm 64 and my wife is 65. We have $1.5 million in 401 (k)s and IRAs and $90,000 in a Roth IRA. We are looking to retire next year. I will receive $3,000 in a monthly pension that my wife will inherit ...

You may be hesitant to spend the savings you've worked hard to build. Having a strong budget and withdrawal strategy could ...

Active-duty and federal employee veterans have until Dec. 31 to contribute to their Thrift Savings Plan for 2025. The annual limit is $23,500, with an extra $7,500 catch-up for those 50 and older; or ...

For those who turned 73 in 2025, you have until April 1, 2026 to take your first required minimum distribution. That rule ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD.  CD rates from online banks are commonly twice as high as the national average rates.  CD ladders let you leverage high rates without locking ...

Nine tax strategies the wealthy use to keep more money—and why some work for everyday earners with the right guidance. All ...

Many taxpayers might miss these valuable tax deductions and credits for 2026, from HSA contributions to the new senior ...

Social Security benefits are projected to be cut by 2035. Learn how to grow your nest egg by saving and investing to unlock a financially secure retirement.

And if you don't have cash savings yet, opening a new account is still a great move to help you save more. Even building up a ...