What happens to an Individual Retirement Account when the IRA owner dies? It can be a quick online process: The custodian bank or wirehouse transfers the IRA assets into an inherited IRA that the ...

Anyone who's ever put together furniture or hung a picture on a wall knows the difference between a screw and a nail. While they may look alike, they have distinct purposes and applications. The same ...

Betsy began her career in international finance and it has since grown into a comprehensive approach to journalism as she's been able to tap into that experience along with her time spent in academia ...

You can transfer your retirement plan savings directly to a new individual retirement account (IRA) by contacting your financial institution and requesting a trustee-to-trustee transfer. This action ...

Here's how to decide what to do with your 401(k) after leaving your job, including leaving it where it is, rolling it into an ...

In Private Letter Ruling 201943020 (released Oct. 25, 2019), the Internal Revenue Service considered the tax implications of a trustee-to-trustee transfer between individual retirement accounts in ...

The U.S. Court of Appeals for the Seventh Circuit recently issued a ruling on whether a taxable distribution occurs when an individual directs his individual retirement account custodian to wire funds ...

Anything that's billed as being "once in a lifetime" just tantalizes, doesn't it? An around-the-world cruise. A trek to Machu Picchu. Dinner at a world-famous restaurant like Osteria Francescana.

You can transfer your individual retirement account (IRA) to a savings account, but you may have to pay a penalty and income tax. Here's what you need to know. When you have a big expense to cover, ...

Divorces are often messy, as was the case for Michigan doctor John Kirkpatrick. Dr. Kirkpatrick separated from his wife, Christiana, in 2012, but six years later, found himself in Tax Court after he ...

Ten times — that's the average number of times an American worker will change employment during his lifetime. Are you close to that figure? You might even find yourself self-employed at one or several ...