Retirement

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 for... 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 2022 and 2023 Photo of Lance Cothern Lance Cothern IRA Contribution Limits & Income Phase-Out Limits for 2022 and 2023 The 2022 IRA contribution limit (for traditional and Roth IRAs) is $6,000 if you're... 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... SIMPLE IRA: The Best Retirement Option for the Self-Employed and Small Businesses? Photo of Kathryn Tretina Kathryn Tretina SIMPLE IRA: The Best Retirement Option for the Self-Employed and Small Businesses? If you’re behind on your retirement savings, you’re not alone. If you’re... What Retirees Need to Consider Before Going Back to Work Thinking about returning to the workforce? There are serious implications for your finances. Read this retiree back to work guide to learn about your options. SEP IRA: The Best Retirement Account for Self-Employed? Learn how SEP IRAs work and how they can help self-employed individuals save for retirement -- with tax advantages -- without typical income from a job. How Much Do You Need to Save for Retirement? Photo of Simon Zhen Simon Zhen How Much Do You Need to Save for Retirement? Retirement is a lingering financial goal that many people have on their... How to Calculate Your Tax Bracket During Retirement Photo of Lance Cothern Lance Cothern How to Calculate Your Tax Bracket During Retirement Have you ever wondered how to calculate your tax bracket during retirement? If... Should You Use Retirement Funds to Pay for College Tuition? Learn about the pros and cons of using your retirement funds to help pay for a child's college tuition, board, and other education expenses. What to Consider When Planning for a Mini-Retirement Find out what factors to consider if you're planning to take mini-retirements, especially when it comes to budgeting, your career, and actual retirement. How to Save for Retirement When You’re Unemployed Photo of Lance Cothern Lance Cothern How to Save for Retirement When You’re Unemployed When you’re unemployed, one of the last things on your mind is how you’re going... The FIRE Movement: What Are You Sacrificing to Retire Early? Photo of Valencia Patrice Higuera Valencia Patrice Higuera The FIRE Movement: What Are You Sacrificing to Retire Early? If you feel that 65—the traditional retirement age—is too late to start living... Death of a Spouse in Retirement: How You’re Affected Financially and What to Do Find out how your retirement could be affected financially if your spouse died, including the impact on your Social Security benefits, taxes, and income. How to Get Health Insurance in Retirement and Minimize Medical Expenses Find out how to obtain health insurance in retirement when employer-sponsored medical coverage is not an option. Compare Medicare and paid insurance options. 7 Ways to Increase the Size of Your Social Security Benefits Payout Photo of Lance Cothern Lance Cothern 7 Ways to Increase the Size of Your Social Security Benefits Payout For many, Social Security is their only source of income in retirement. That's why... Should You Use a Solo 401(k) to Save for Retirement? Photo of Lance Cothern Lance Cothern Should You Use a Solo 401(k) to Save for Retirement? If you run your own business or are self-employed, you might be looking for... Keogh Plan: The Best Retirement Option for the Self-Employed? Learn about Keogh plans to build retirement savings for the self-employed and business owners and compare them to other tax-deferred alternatives. Outliving Your Retirement Funds: How to Prepare for It Find out how to prepare for the fact that you will outlive your retirement funds, including the steps to take to stretch your savings and cut down on expenses. What to Do If Social Security Benefits Aren’t Enough for Retirement Photo of Lance Cothern Lance Cothern What to Do If Social Security Benefits Aren’t Enough for Retirement When you retire, you probably thought your Social Security benefits and any other... 10 Ways to Reduce Your Expenses During Retirement Photo of Kevin Mercadante Kevin Mercadante 10 Ways to Reduce Your Expenses During Retirement You -- and many other people -- may have been absolutely focused on building... 10 Things to Consider Before Retiring in a Different Country Learn about the many factors that you have to consider before spending retirement in a different country outside the U.S., especially when it comes to finances. 7 Factors to Consider Before Retiring in a Different State Find out which factors you have to consider before retiring in a different U.S. state, especially when it comes to taxes, cost of living, and healthcare.