The IRS charges an excess accumulation penalty if a retirement account owner or beneficiary does not withdraw the required minimum distribution (RMD) for the year.

The discussion centers on evaluating the traditional retirement savings plan known as the 401k. Experts have raised concerns about the plan’s ability to offer rapid returns in addition to its supposed ...

A KSOP combines an employee stock ownership plan (ESOP) with a 401(k), offering a unique retirement solution from employers.

Retirement planners often debate whether to max out a 401(k) or prioritize a Roth IRA. A mathematical analysis reveals that, contrary to popular advice, maxing out a 401(k) before investing in a Roth ...

Women don’t need a perfect retirement plan. Learn how IRAs, 401(k)s, and Roth accounts work, how they differ, and how using ...

A 401(k) is an employee-sponsored retirement plan offering tax advantages. You contribute a chosen percentage of your income, which is then automatically withheld from each paycheck by your employer ...

Finance experts often advise against borrowing from your 401K or other defined contribution retirement plan because it could put your retirement at stake. “When your 401(k) or IRA becomes an ATM, you ...

KTLA’s consumer expert David Lazarus joins us for our newest segment, Money Talks. He tackles your money questions, including choosing the right credit card to what happens to debt after a loved one ...