A 401 (k) is the most popular retirement account (by far) and is often synonymous with retirement savings, but I personally ...

If you don't know all the RMD rules, you could face a hefty fine from the IRS. The government will take up to a 25% penalty ...

Jorgen Vik is a certified financial planner and partner with SKV Group LLC. Investment products and services are offered ...

Splitting an IRA among heirs is often the best choice for parents so that there is no dissension or in-fighting among ...

Inherited Roth IRA withdrawal rules share many similarities as traditional inherited IRAs, but there are tax obligations and ...

Inherited IRAs pose a number of new challenges, due to the SECURE Act of 2019 and updated IRS guidelines regarding RMDs.

The Secure Act instituted new rules for inherited IRAs after 2020. Non-spouse beneficiaries, with few exceptions, are now required to deplete the entire account within 10 years. Importantly ...

If you inherited an IRA within the last few years, you’ve been dealing with dramatically new beneficiary rules adopted under SECURE Acts 1.0 and 2.0. However, since final rulemaking on SECURE 1. ...

If you have a Roth IRA, you may be planning to use it as part of your retirement income. The Roth IRA is a savings vehicle that allows your investments to grow tax-free. While these accounts ...