The death of a loved one is hard enough without the added stress of inherited accounts.

If you have just inherited a Roth IRA from your parent, spouse, or non-spouse, here are the rules for taxes and beneficiaries you need to know.

Quick Read Taxable account gains face 15% capital gains tax. IRA withdrawals are taxed at 22% ordinary income rates on the ...

W hen a taxpayer takes a cash distribution from a regular individual retirement account (IRA), the entire amount is gross income unless part of the distribution represents a return of his or her ...

The IRS provides two sample notices that plan administrators may use: one for eligible rollover distributions from designated ...

Tax law allows you to have as many IRAs as you want. Some people are well served by having more than one. Three situations ...

The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax ...

Oh boy! Did I get your attention? You say, “But Kelly! I thought all Roth IRA distributions were tax free!” I say, “Not so fast, Sparky.” This is embarrassing. I used to think like you. Then I got my ...

We’re well into the third quarter of the year, so it’s a good time to review the actions you should consider taking with your IRAs before Dec. 31. Most people don’t consider their options until late ...