Traditional 401 (k) and IRA Tax Basics Traditional 401 (k)s and IRAs offer upfront tax deductions for contributions, allowing earnings to grow tax-deferred. However, withdrawals in retirement are ...

Dear Liz: When I retired, I had a small 401 (k) with about $12,000 in it. Instead of rolling that money into an IRA, I took a distribution and paid taxes on it. I had no immediate need for the ...

During challenging financial times, people often consider withdrawing money from their 401(k) plans. Balances in 401(k) plans are deceiving. They are not like checking accounts where what you see is ...

Bestselling personal finance author Dave Ramsey discusses both 401 (k)s and IRAs to help Americans understand important things to know about them. "Your 401 (k) and Roth IRA are two of the most ...

Understanding how distributions from defined contribution plans are taxed is essential for participants planning their retirement income strategy. Depending on whether assets are held in a traditional ...

A 401 (k) is a great option because it largely operates behind the scenes and allows people to save and invest for retirement ...

A 401 (k) is a great first choice if you qualify for a company match. IRAs give you greater control over your investments and ...

Medicare expert Jae Oh explains why taxable income, health insurance, and retirement taxes can no longer be planned in ...