Individual Retirement Account

Retire in a volatile market? Here’s how to protect your savings.

amefika2 months ago03 mins

Stock market turbulence is never fun to deal with. But if you’re about to retire, it can be especially upsetting and stressful. Once you stop working, you’ll probably rely on your retirement savings for income. And if you start doing that at a time when the market is all over the place, you run the…

I inherited my mother’s IRA and need to take ,000 in 2025 RMDs, but there is no cash. What should I settle?

I inherited my mother’s IRA and need to take $10,000 in 2025 RMDs, but there is no cash. What should I settle?

amefika6 months ago05 mins

Dealing with the death of a loved one is difficult enough. Having to navigate the complexities of inherited retirement accounts can add to that stress. But understanding your options can help you avoid a large tax bill, especially if you inherit a substantial amount of money. Take Becka, a hypothetical married mother of three who…