Tools & Resources▼
|Title and Description|
| Can I avoid the 10 percent penalty tax for early withdrawals from a traditional IRA? |
You may qualify under one of these exceptions to make a penalty-free IRA withdrawal.
| Can I contribute to a Roth IRA? |
You must have earned income during the year (typically, wages or self-employment income).
| Can I roll a retirement plan distribution into an IRA? |
The short answer is yes most retirement plans allow you to roll your plan funds over into an IRA after you've left your employer's service.
| Can I set up a traditional IRA? |
The only requirement is that you must have earned income (typically, salary or wages from your job) in order to put money into an IRA.
| Can I shift my traditional IRA funds to a Roth IRA? |
Your ability to do so depends on the same two factors that determine your eligibility to contribute to a Roth IRA in the first place.
| Can I still have a traditional IRA if I contribute to my 401(k) plan at work? |
Anyone with earned income can open and contribute to a traditional IRA.
| Can I take money from my IRA without any penalty? |
If you are 59½ or older, you can take money from your IRA without penalty.
| Choosing a Beneficiary for Your IRA or 401(k) |
Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance.
| I need money can I take funds from my IRA? |
Yes, but you may be subject to a 10 percent penalty for early withdrawal if you're not yet age 59½.
| It's January, and I forgot to contribute to my IRA. Is it too late? |
Generally speaking, the IRS allows you to make your IRA contribution for a particular tax year up until April 15 of the following year.
| RMD & Stretch IRA Calculator |
Use this calculator to help determine how you can stretch out your retirement plan distributions for as long as possible.
| Roth IRA Calculator |
Use this calculator to compare the Roth IRA to an ordinary taxable investment.
| Roth IRA Conversion |
This calculator will show the advantage, if any, of converting your IRA to a Roth.
| Roth v Traditional IRA Calculator |
Use this calculator to determine which IRA may be right for you.
| Should I invest in a Roth IRA or a traditional IRA? |
There is no easy answer to this question. Traditional IRAs and Roth IRAs share certain general characteristics.
| Should I withdraw money from my IRA to pay for my child's college tuition? |
Assuming that you have a traditional IRA or Roth IRA, you'll want to consider the financial consequences before making a decision.
| Traditional IRA Calculator |
How can contributing to a regular IRA help you in your retirement?
| Understanding IRAs |
An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits.
| What are my options if I inherit an IRA or employer-sponsored plan? |
If you don't want the money, you can always disclaim the inherited IRA or plan. But if you're like most people, you will want the money.
| What are required minimum distributions and how are they calculated? |
Required minimum distributions are the amounts that you must withdraw each year.
| What are the rules for IRA contributions? |
Traditional IRAs, Roth IRAs, and Coverdell education savings accounts are each subject to different contribution rules.
| What's a premature IRA distribution, and what happens if I make one? |
A premature IRA distribution occurs when you take money from your IRA before reaching age 59½.