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Traditional IRA Basics: 10 Things You Must Know
Basics A traditional IRA can be a powerful retirement-savings tool but you need to understand contribution limits, RMDs, rules for beneficiaries under the SECURE Act and more.
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An RMD Deadline is Looming – And Missing It Could Cost You Big Bucks
required minimum distributions (RMDs) If you're age 72 or older, take your required minimum distribution now to avoid a big penalty or a double-dip next year.
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I Contributed Too Much to an IRA – What Should I Do?
IRAs The rules on excess IRA contributions can be confusing. But if you act early, you can minimize any effect on your taxes.
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Tax Tip: Reporting a 2020 RMD From an IRA That You Later Returned
Coronavirus and Your Money If you paid back a "required minimum distribution" from an IRA last year, you still have to report the payout on your 2020 tax return.
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Traditional IRA Contribution Limits for 2021
Financial Planning The contribution limit for traditional IRAs remains the same for this year as 2020.
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How Much Can You Contribute to a Traditional IRA for 2020?
IRAs The contribution limit for traditional IRAs holds steady for 2020.
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Converting a Traditional IRA to a Roth in Retirement
retirement You can convert money to a Roth no matter how old you are. But if the conversion boosts your income, it could have taxing consequences.
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Pros and Cons of Rolling Your 401(k) Into an IRA
401(k)s We tell you when it makes sense to move your 401(k) account to an IRA — and when it’s smart to stay put.
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Roll Over a Lump-Sum Pension Payout Into an IRA
IRAs Be sure to watch out for the tax bite when choosing between a traditional or Roth individual retirement account.
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