Retirement

How to Roll a 401(k) Into an IRA Learn the benefits of rolling over a 401(k) plan into an IRA to manage your retirement savings, including the different ways and steps to transfer those assets. Immediate vs. Deferred Annuity Payout Options Compared Photo of Lance Cothern Lance Cothern Immediate vs. Deferred Annuity Payout Options Compared Immediate annuities and deferred annuities are two sub-types of annuities you may be...

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Indexed Annuities: Comparing the Pros and Cons Learn how indexed annuities work to provide retirement income that is based on the performance of stock market indices, including the pros and cons to consider. Variable Annuities: How Do They Work? Learn how variable annuities work to provide retirement income based on the performance of underlying investments and whether they make sense for you. Fixed Annuities: How Do They Work? Photo of Lance Cothern Lance Cothern Fixed Annuities: How Do They Work? People looking for a stable source of income often find themselves looking into... Pension Advance Loans: Why You Should Avoid Them Photo of Aja McClanahan Aja McClanahan Pension Advance Loans: Why You Should Avoid Them Pension advance loans are a type of debt that is collateralized by pension monies you... 401(k) vs. 403(b) vs. 457 Plans: Compare Employer-Sponsored Retirement Plans Learn the differences between 401(k), 403(b), and 457 plans -- along with their pros and cons -- to help you compare these employer-sponsored retirement plans. Raised 401(k) Distribution and Loan Limits Amid Coronavirus FInd out if you should take advantage of the raised 401(k) distribution and loan limits in search of financial relief to survive the coronavirus pandemic. Profit-Sharing Plans: How Do They Work? Photo of Kathryn Tretina Kathryn Tretina Profit-Sharing Plans: How Do They Work? If you’re employed by a small business, you may be able to benefit from... Where to Put Extra Savings After You've Maxed Out Your 401(k) Photo of Thomas (TJ) Porter Thomas (TJ) Porter Where to Put Extra Savings After You've Maxed Out Your 401(k) Your 401(k) is one of the best tools you have at your disposal for retirement... Should You Contribute to an IRA When You’re Already Retired? Find out whether you should still contribute to an IRA when you‘re already retired but have “earned income.” Compare the pros and cons of this money move. 5 Ways to Get Tax-Free Income in Retirement Find out how you can get tax-free income in retirement to ensure that more money stays in your pocket during the later years of your life. Compare Reverse Mortgage vs. Home Equity Loans & HELOCs for Retirement Income Photo of Lance Cothern Lance Cothern Compare Reverse Mortgage vs. Home Equity Loans & HELOCs for Retirement Income When you’ve already retired and you need income, one potential source of income... Should You Max Out Your 401(k) Early in the Year? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Should You Max Out Your 401(k) Early in the Year? The 401(k) is one of the most popular retirement accounts in the United... 5 Ways to Use Your Home Equity to Fund Retirement Learn how you can turn home equity into retirement income with these different methods to use a home as a funding source. Can U.S. Expats (Americans Abroad) Contribute to IRAs or 401(k)s? Find out whether U.S. expats can qualify to contribute to IRAs or 401(k)s despite being an American living abroad -- especially when it comes to taxes. Multiple IRAs: Why You Might Consider Diversifying Tax Benefits Photo of Lance Cothern Lance Cothern Multiple IRAs: Why You Might Consider Diversifying Tax Benefits As you move along your retirement-saving journey, you may find yourself having... 702(j) Retirement Plans: Same as Life Insurance? Photo of Lance Cothern Lance Cothern 702(j) Retirement Plans: Same as Life Insurance? You may have seen sketchy sounding advertisements promoting a 702(j) retirement... Inheriting a 401(k): How to Manage the Assets Learn how to handle the inheritance of a 401(k) plan as the options may vary from case to case based on the age of the owner, the beneficiary, and taxes. How to Get a 401(k) Hardship Withdrawal for Specific Financial Needs Find out whether you qualify for taking out a 401(k) hardship withdrawal, which will let you access retirement funds for dire financial needs. 403(b) Plans: Guide to Contribution Limits and Withdrawal Rules Photo of Kathryn Tretina Kathryn Tretina 403(b) Plans: Guide to Contribution Limits and Withdrawal Rules If you work for a non-profit organization or government agency, you’re working... How a Divorce Can Affect Your IRA, 401(k), and Other Retirement Accounts Photo of Kevin Mercadante Kevin Mercadante How a Divorce Can Affect Your IRA, 401(k), and Other Retirement Accounts A divorce is one of the most disruptive events that can visit a person’s... Required Minimum Distributions: Guide to Withdrawing Your Retirement Savings Learn how required minimum distributions (RMDs) work when it comes to withdrawals from your retirement accounts, including how it affects your taxes. Self-Directed IRAs: Save for Retirement with Alternatives Investments Learn how self-direct IRAs work for holding alternative assets and investments in a tax-advantaged retirement account. Find out about eligible investments. IRA Contribution Limits & Income Phase-Out Limits for 2020 and 2021 Photo of Simon Zhen Simon Zhen IRA Contribution Limits & Income Phase-Out Limits for 2020 and 2021 The 2020 IRA contribution limit (for traditional and Roth IRAs) is $6,000 if... Roth IRA Conversion Ladder: Get More Tax-Free Income in Retirement Photo of Kevin Mercadante Kevin Mercadante Roth IRA Conversion Ladder: Get More Tax-Free Income in Retirement The biggest benefit to a Roth IRA is that distributions from the plan can be... Inherited IRAs: Rules on How to Manage and Withdrawal Funds Find out how to use inherited IRAs for manage and withdraw retirement funds from a deceased family member or friend with beneficiaries. Are You Too Old to Open and Contribute to a Roth IRA? Find out if you're too old to open a Roth IRA for retirement savings contributions, including the age rules and income limits that may apply. When Does It Make Sense to Take Out a 401(k) Loan? Photo of Valencia Patrice Higuera Valencia Patrice Higuera When Does It Make Sense to Take Out a 401(k) Loan? You've been setting money aside for retirement with a 401(k) and there's a good...
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