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Multiple studies suggest that we often end up retiring earlier than initially anticipated or hoped. One study by JPMorgan Asset Management found that although two-thirds of current workers plan to continue working until age 65, fewer than one in four actually manage to do so. Although the reasons vary, premature retirement poses a two-fold portfolio stress - a shorter accumulation time and a longer withdrawal period. It also presents a potential tax complication when you've not reached 59 ½ - that magic age at which you can withdraw retirement money without an additional 10% premature distribution penalty.

I think Fidelity made an error for my 401k rollover to an IRA in 2015, and I just caught it...

question for Alan…turning 70 1/2 april 2017…I am planning to take my first RMD after april 2017 but before the...

My father died in 2010 and had a IRA account valued at that time at $49,000 with Fidelity. My brother...

A client, age 50, rolls over his after-tax 401k contributions to a Roth IRA. When can he withdraw his contributions...

I have 2 questions for calculating the 60 days 1) The IRA custodian is saying that you start counting the...

In 2006, Alan, a strapping young man who had just turned 50, collapsed and died of a massive heart attack while attending Sunday morning Mass with his wife Karen. Alan and Karen co-owned a business. Alan was a contractor and Karen handled the accounting and billing. Karen was fairly savvy financially. However, because she felt she had to get everything settled “right away” after Alan’s passing, she made several costly mistakes. It's a story you and your clients can learn from.

I began contribution to an IRA in the 70’s based on net dollars – after taxes. When did the law...

You can have too much of a good thing. A contribution to your IRA is a great way to save for retirement, but there are limits. If you exceed those limits you will end up with an excess IRA contribution and a tax mess. This was the fate of two taxpayers in a recent court case, where mega IRA contributions resulted in excess contributions and penalties.

I have heard different answers from different CPAs on this topic. This is an inherited IRA RMD question. The individual...