401(k)

Signed into law last December and now partly in force, the sweeping retirement overhaul package presents new planning opportunities for millions of Americans and financial advisors.

Americans pay billions of dollars in taxes each year when draining their retirement plans as they change jobs. The "leakage" doesn't bode well for long-term savings, data shows.

Contributions to 401(k)s and IRAs now can reduce your 2022 taxes soon due this filing season. Here's what advisors, many of whom can themselves benefit, need to know.

New data from Fidelity Investment shows disparate reductions in account balances for IRAs and employer-sponsored retirement plans last year.

The act contains a dizzying array of provisions related to retirement savings accounts and distributions that tax professionals' clients should know about.

Millions of the oldest members of the cohort have roughly 10 good working years left to stockpile for their golden years. And many are in trouble.

The package is aimed at boosting retirement security for most Americans, but several key provisions are useful for the affluent.

The $1.7 trillion bill contains Secure 2.0, and changes in the Holding Foreign Companies Accountable Act and conservation easement rules, but it's missing some much desired tax breaks.

An academic paper challenges the entrenched message that America faces a retirement crisis.

The Internal Revenue Service is boosting the amount that Americans can plow into their retirement plans next year amid a surge in inflation.

An obscure retirement and estate planning technique holds added benefits amid tighter rules on inherited IRAs.

Workers in the U.S. who are increasingly job-hopping these days risk making one of the biggest financial mistakes out there.

When the tax agency said annual withdrawals would be required before an account is drained by year 10, it created a firestorm. Here's what's happening now.

With Senate tax writers in agreement with the House to ban the favored tax-free strategy, wealth advisors have a narrow window to make moves.

Coming brackets; rising expatriations; meeting behavior and aftermaths; and other highlights from our favorite tax bloggers.

The service lifted the limit from $19,500 as part of its annual inflation adjustments.

The number of accounts with balances of at least $1 million grew 84% year over year, while the number of seven-figure IRAs jumped more than 64%.

Advisors share a tax trick that allows professionals to build seven-figure retirement plans.

Using RMDs to pay the taxes due on a rollover can ease the psychological pain of forking over money to the IRS.

A new TIGTA report warns, however, that many didn’t follow the rules and could face potential tax penalties.