59 ½ Rule – How to Get to Your Money Before ‘Retirement Age’
Some people looking for early retirement are afraid of the Age 59 ½ rule. But it's not difficult to get around, once you read the rules.
There are dozens, if not more, ways to save for retirement. It ranges from employer-assisted accounts like 401(k)s and 403(b)s to self-funded vehicles like IRAs and HSAs. Learning about retirement accounts is paramount to good financial literacy.
Some people looking for early retirement are afraid of the Age 59 ½ rule. But it's not difficult to get around, once you read the rules.
Some people misunderstand the tax implications of a 401(k) and believe maxing them out will cost them money. Here's why that's bunk.
Answering reader questions about the penalties of over-funding a Roth IRA and if they're worth it to pay for better growth, if it makes sense to do Roth contributions in your peak earnings years if you plan to retire early, and how much asset protection you get in a solo 401(k).
Answering reader questions about how to convert old IRAs to solo 401(k)s, opening a second solo 401(k) after a geographic arbitrage move, and whether you should actually have two individual 401(k)s.
Answering reader questions about how 401(k) and IRA limits are totally separate, making Roth vs. traditional contributions, and what to do with retirement accounts when transitioning from residency.
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Is opening a Roth IRA for your children a smart move? Here's what you need to know about starting a retirement account for your kids.
Learn how 529 to Roth IRA rollovers work and understand the restrictions to ensure that your rollover isn’t subject to taxes and penalties.
Answering reader questions about the 4% rule and pensions, whether you should pay down your mortgage or invest, and how much you can use long-term capital losses to offset short-term capital gains.
A 401(a) is a retirement account similar to a 401(k), but there are some key differences. Here's all you need to know about 401(a)s.
Answering reader questions about the tax implications of UTMA accounts, whether one doc should buy a pension or contribute to a 401(a), and whether you can put lawsuit winnings into a SEP-IRA.
Are you interested in starting a solo 401(k)? Here are all the details you need to know about these retirement accounts for individuals.
Answering retirement account questions, including whether diversification is more important than fees, how the Secure Act 2.0 affects you, and whether you should roll multiple accounts into one.
Answering reader questions about deducting your home office, improving your high-fee 401(k) plan, and funding your Backdoor Roth IRA through a taxable brokerage account.
Some people are stuck with a lousy 401(k). Here is how to minimize the effects of that bad 401(k) on your wealth accumulation.
Your retirement plan may have excessive fees, and whoever administers that plan may have even been sued for it—and you may not even be aware.
Medical school may not have taught you about money, but we will.
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