How Long Must I Keep All My IRA Paperwork for Taxes?

Q: We have been keeping all our IRA documentation since the IRS guidelines ...
Q: We have been keeping all our IRA documentation since the IRS guidelines (to my understanding) say that you need to keep it forever. However, withdrawals from the IRAs that we have are all taxable...

This Is When (and Why) You Need a Financial Advisor

Q: How do I know when I need a financial advisor? I can choose between targ...
Q: How do I know when I need a financial advisor? I can choose between target-date funds and index funds that just track the market, and there are robo-advisors out there if I want more...

Will Giving My Niece Money for Her IRA Trigger a Tax Bill?

Q. My niece is in her mid-20s and working part time, making about $15,000 p...
Q. My niece is in her mid-20s and working part time, making about $15,000 per year. Can I give her a gift of $5,500 to put into a Roth IRA without increasing her taxes for...

How Can I Reduce the Tax Bite on IRA Withdrawals?

Q: I have about $40,000 in an IRA which I do not need. I am 78 and would li...
Q: I have about $40,000 in an IRA which I do not need. I am 78 and would like to do something with it before the end. I know if I take it all out...

How Do the Extra Medicare Premiums for High Earners Work?

Q: I received a letter from the Social Security Administration saying that ...
Q: I received a letter from the Social Security Administration saying that because my income for 2015 was above the limit of $85,000, I will pay an additional fee of $53.50 per month for Medicare...

Most Popular Stories