When it comes to retirement, Social Security is more than just a government benefit, it’s a cornerstone of your income strategy. Yet, many individuals approaching retirement underestimate how important the timing of your Social Security claiming decision can be. It’s not just about when you need the money, it's about [...]

Roth 401(k)s and Roth IRAs share the goal of tax-free distributions of earnings. But while both accounts are funded with amounts that have already been taxed, the path to that tax-free goal is paved with different rules for each of these two types of accounts. As you consider your [...]

Woe to the taxpayer who runs afoul of the numerous and confusing IRA rules. There are forms to file, contributions to make, distributions to take, and penalties to avoid. While corrections are possible, it’s best to avoid mistakes in the first place. Here’s what you need to know. IRAs [...]