Rachel L. Sheedy

There are still moves that IRA owners can make to help ease the transfer of their legacy to their chosen beneficiaries and save some money from the ta…

Uncle Sam will sock you with an annual penalty until you fix your mistake.

Now is the time to assess your financial situation, look ahead and mark your calendar.

Travel insurance may protect you if have to cancel or interrupt a trip, or if you get sick while on the road.

High-income retirees will experience the biggest changes.

Ways to get your voice heard on possible new life expectancy tables that would affect your money.

It's time to look for last-minute moves that can shrink your 2019 tax bill. But the end of the year is coming fast, so don't procrastinate.

Some retirees are concerned about a provision that could require heirs to empty inherited retirement accounts within 10 years and pay a lot more in ta…

Manage withdrawals from multiple retirement accounts carefully to avoid surprises (and penalties).

Degrees of legal protection differ for 401(k)s and IRAs.

This tax-saving move will result in more money in your pocket if you inherit employer stock.

Social Security benefits have long been a critical part of Americans’ retirement income plans.

The IRS is reducing the number of schedules and improving the form to make it less confusing.

For many Americans, Social Security benefits are the bedrock of retirement income.

Easier-to-read form highlights retirement income streams and other tax benefits for citizens 65 and older.

You'll need to crunch some numbers before you contribute more toward your qualified longevity annuity contract for retirement.

As July Fourth nears, there are fireworks to enjoy and cookouts to attend.

Nixing the age cap for contributions and raising the age to start required minimum distributions could affect workers, retirees and heirs.

For the first time, borrowers will have to prove they can handle the ongoing property costs to qualify for a reverse mortgage.

An inherited 401(k) can be a lasting legacy, but the windfall needs to be handled carefully to maximize the inheritance and minimize taxes.

After decades of squirreling away money in tax-advantaged retirement accounts, investors entering their seventies have to flip the script.

There are several options for penalty relief if you end up owing more in taxes than you anticipated.

As you complete your 2018 tax return, turn some attention to your tax plans for 2019.

Want to declare your Roth money’s independence from Uncle Sam? Get up to speed on the rules for tapping a Roth 401(k) tax-free.

Down 650 points one day.

When ringing in a new year, many people resolve to be better organized or improve how they manage their finances.

If you're a boomer turning 66 in 2019, you should take advantage of this claiming strategy to boost your retirement income.