Links to sources referenced in columns.
You can contribute to a 401(k) and an IRA in the same year, and contribution limits are not reduced to an IRA based on 401(k) participation.
People’s investments can be threatened by bad actors using Gen AI to improperly access investment accounts or fraudulently open up new accounts.
The IRS offers Free File Guided Tax Software, tax assistance for lower- and middle-income individuals, and help for those who are 60 years old or older.
The Retirement Savings Lost & Found Database is now available for use. It provides a new pathway for finding retirement money that might have been “lost” during your working career.
Can achievable New Year’s resolutions work with financial matters? Could they help allay financial stress, anxiety or insecurity?
A new law effective in 2024 permits 529 money to be rolled into a Roth IRA. However, there are rules and limits to consider.