Cashing out your 401(k) is easy, but it may result in tax penalties this year. With a direct 401(k) rollover, the funds never pass through your hands, and there's no risk of triggering immediate taxes ...

Ed Slott: It’s not only the backdoor Roth. Any IRA distribution where you have aftertax dollars in your IRA that come from generally making nondeductible contributions, you get credit for those. But ...

The 60-day rollover rule is one of the many traps that lie in wait for investors rolling over a retirement account such as a 401(k) or IRA. You have to follow the rules exactly, or you could end up ...

Managing retirement savings effectively often involves rollovers, which allow investors to move funds from one retirement account to another without incurring taxes or penalties. In a direct rollover, ...

While some insurers will issue an annuity for as little as $10,000, the reality is it usually takes a six-figure investment to produce a meaningful income in retirement. For the average American, the ...