If you’ve been wondering what is a deferred annuity, it’s essentially a retirement savings product that lets your money grow tax-deferred until you decide to withdraw it. You can invest either a lump ...

(CNN) — Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation. And it’s one you can arrange by keeping ...

A. Every year, the IRS adjusts contribution limits for various retirement accounts; 2026 contribution limits are rising due ...

(CNN) — A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. (CNN) — A new rule ...

As the year winds down, retirees must also plan for one of the most essential tax deadlines: required minimum distributions (RMDs). Retirees are required to withdraw a minimum amount from certain ...

This says that you must wait until the converted funds have been in your Roth IRA for at least five years before you can withdraw them penalty-free, if you are under age 59 1/2 at the time you want to ...

One of the biggest mistakes is entering retirement without a clear, actionable plan. Many underestimate future expenses, ...