While bank accounts and many other financial accounts can be jointly owned, retirement accounts like IRAs and 401(k)s are inherently individual. That means each person must open and maintain their own ...

Retirement might seem like a distant event, but life moves fast. So, investing money for retirement as early as possible—like, now—is extremely important. It can help ensure you’re ready to retire ...

Generally speaking, retirement accounts are afforded a great deal of protection. If you file bankruptcy, creditors cannot go after your retirement savings. This includes individual retirement accounts ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Retirement planning is one of the most important financial ...

You might have heard that retirement savings accounts come with tax benefits. However, you may not understand the specifics or what to expect many years down the road when you withdraw your funds.

The IRS allows a withdrawal of up to $1,000 annually from qualified retirement accounts without penalty for emergencies. Emergency withdrawals can potentially help those facing financial challenges ...

As a last resort, many people file for bankruptcy when they are faced with overwhelming debt. In fact, 486,613 people filed for bankruptcy in 2024 — up 16.2% from the previous year. In addition to 464 ...

Retirement account balances dipped in the first quarter due to stock market turbulence. Still, people kept socking away money for their retirement, according to new data from Fidelity Investments. The ...

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On this episode of The Long View, Ed Slott, president and founder of Ed Slott and Company, shares his advice for tax planning in retirement at year-end, new rules for inherited IRAs, and how to deal ...