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3 mins read
Passing down an inheritance? Here's how to handle these 4 complicated assets — including houses and retirement funds.
Some of the most common assets in an inheritance plan come with legal and tax complications. Here a…
Christine Ji
3 mins read
I was in debt and struggling when a $45,000 inheritance changed my life
I had debt and was struggling financially as a father when I received an unexpected inheritance of …
Chris Boutté
6 mins read
Inheriting an IRA? Here are all the options and withdrawal rules beneficiaries should know
An inherited IRA is established with funds bequeathed from a deceased person's IRA or 401(k). Benef…
Lee Huffman
7 mins read
Here are 5 steps to opening an IRA to start saving for retirement
You can open an IRA, or Individual Retirement Account, via several kinds of institutions, including…
Aly J. Yale
5 mins read
What is the Roth IRA 5-year rule? Important guidelines for withdrawing IRA earnings
The Roth IRA 5-year rule applies in three situations: withdrawing account earnings, converting a tr…
Janet Berry-Johnson
9 mins read
3 steps to start building your own retirement plan
Experts recommend planning for retirement as early as possible. These 4 steps can help guide you to…
Alexander Webb
8 mins read
How to open a Roth IRA in 3 steps to start saving for retirement
To open a Roth IRA, you'll need to choose your investing strategy, institution and contribution sch…
Aly J. Yale
7 mins read
9 ways to withdraw money early from your IRA - without paying a penalty
IRAs were designed as a tax advantaged way to encourage individuals to save for retirement. You can…
Walecia Konrad
5 mins read
Understanding Roth IRA withdrawal rules helps you avoid taking money too soon, triggering taxes and penalties
Roth IRA withdrawal rules are more flexible than those for traditional IRAs, but you don't get a fr…
Jean Folger
4 mins read
A Gold IRA is a special retirement account that allows you to invest in gold bullion and coins — here's how it works
A Gold IRA is a self-directed retirement account allowed to hold physical precious metals, unlike s…
Jean Folger
5 mins read
A self-directed IRA gives you control over a greater choice of investment options, but it also means more responsibility and risks
A self-directed IRA (SDIRA) can invest in assets that are off-limits to regular IRAs. You directly …
Jean Folger
5 mins read
Opening a Roth IRA for your kids offers investment options, tax-free growth, and a great lesson in how to save
A Roth IRA for kids can help young wage-earners save for retirement, a first home, or their educati…
Jean Folger
6 mins read
An IRA is one of the best ways to save money for retirement. Here's exactly how to open one.
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Tanza Loudenback
2 mins read
Here are the key differences between a Roth IRA and a traditional IRA
As with most things personal finance, there's no one, clear "winner" between the two. It depends on…
2 mins read
SMART INVESTOR: Roth IRAs Aren't Always The Perfect Way To Save For Retirement
Anyone who doesn't want to pay the income tax upfront. Piershale himself admits the thought of conv…
Mandi Woodruff
3 mins read
I didn't start saving for retirement until my mid-30s and even that was too late. I probably won't ever be able to retire.
My parents didn't teach me about finances so I started saving later in life. I'm making sure my chi…
Chris Boutté
11 mins read
Give the gift of stocks in 2023 — here are 4 ways to gift stock to friends, family, and charities
Gifting stocks is one way to pass along wealth while deferring taxes, especially when the value is …
Rickie Houston,Katherine McLa…
5 mins read
I'm a financial planner and a woman of color, and I can tell you firsthand that investing is the way to build generational wealth
Financial planner Pamela Capalad explains why many women of color don't invest, and why it's such a…
Pamela Capalad
6 mins read
I left Russia and moved to Florida. These were the 5 biggest culture shocks.
Russian-born Elena Brandt moved to Florida from Moscow in 2018. Some of the biggest cultural differ…
Anastasia Chernikova
6 mins read
Estate planning is an important strategy for arranging financial affairs and protecting heirs - here are 5 reasons why everyone needs an estate plan
An estate plan can benefit everyone, regardless of finances or age, assuming you have assets to lea…