The Latest Breaking News from IRA

Should You Pay $25,000 in Taxes Today to Avoid a Bigger Tax Bill in Retirement?

Paying $25,000 in taxes today to potentially save more money on taxes decades from now sounds a little like volunteering to get punched before the fight even starts. Yet that strategy can make sense for some retirement savers, especially when it involves converting money from a traditional IRA to a…

The Free Financial Advisor · Aug 28

Retired With $100,000 in the Bank? Make Sure You Understand What FDIC Insurance Actually Covers

Having $100,000 sitting in the bank during retirement can feel reassuring, especially when that money represents years of saving and may need to cover emergencies,...

Saving Advice · Aug 27

The Murder Detective review – is justice for Lyra McKee really this impossible?

It’s painful to see Northern Irish police bang their heads against the wall as they hunt for the journalist’s killer. But there are still important moments here – including remarkable footage from an MTV show that never aired

The Guardian - UK · Aug 26

Against the wind: despite Trump’s attacks, unions are fighting for good US clean energy jobs

Since Hurricane Sandy in 2012, a growing labor movement has addressed the climate crisis and economic inequality

The Guardian - US · Aug 23

The Retirement Move That's Quietly Taxing Your Social Security to the Max (and How Early Roth Conversions Can Help)

This is how you can sidestep the "Social Security tax torpedo," a common issue where tax-deferred retirement accounts unexpectedly increase your tax burden.

Kiplinger · Aug 22

Your Big IRA Could Become a Big Tax Problem for You, Your Spouse and Your Heirs

If you start optimizing your taxes now, you can head off the inevitable tax consequences waiting for you when RMDs kick in — and when your family inherits.

Kiplinger · Aug 22

Your Parents Left You Their IRA: 6 Rules That Can Make an Inherited IRA Surprisingly Complicated

Inheriting an IRA can feel like receiving a financial gift with one tiny catch: the gift comes with a rulebook. The account may contain a meaningful amount of money, but the IRS controls how and when many beneficiaries can take it out, and those rules depend on who inherited the…

The Free Financial Advisor · Aug 22

The Hidden Costs Inside a 'Zero-Fee' IRA

Six ways "free" retirement accounts can cost you without showing it — and how to keep more of your money.

Kiplinger · Aug 21

‘It could only have been one person’: top ex-detective says system failed murdered journalist Lyra McKee

Jason Murphy believes he knows who killed McKee in Derry, but culture of silence and mistrust of police is denying her family justice

The Guardian - UK · Aug 21

Retired With a Mortgage? Ask These 7 Questions Before Using Savings to Pay It Off

Entering retirement with a mortgage can feel uncomfortable, especially for someone who spent decades believing the house should be paid off before the final paycheck...

Saving Advice · Aug 19