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. Kevin Mercadante 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... 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. Kathryn Tretina 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. Valencia Patrice Higuera Lance Cothern IRA Contribution Limits & Income Phase-Out Limits for 2023 and 2024 The 2023 IRA contribution limit for (traditional and Roth IRAs) is the same at... 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 taken... 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. Kathryn Tretina 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. Kevin Mercadante 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... 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. Kathryn Tretina 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. Lance Cothern Simon Zhen How Much Do You Need to Save for Retirement? Retirement is a lingering financial goal that many people have on their... 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. Lance Cothern 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. 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 to... 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. Lance Cothern 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. 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... 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 ways... 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. Lance Cothern 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. Aja McClanahan 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... 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. Lance Cothern 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. Lance Cothern