Betsy began her career in international finance and it has since grown into a comprehensive approach to journalism as she's been able to tap into that experience along with her time spent in academia ...

Here’s a question I get at least once a week: “I’m dealing with a trust that holds an inherited IRA. Can the trustee transfer that IRA out to the individual ...

A SIMPLE IRA is an easy and inexpensive way for some employers to offer their employees a retirement savings plan. Discover its pros and cons for employees and employers. For employees, participating ...

Anyone who's ever put together furniture or hung a picture on a wall knows the difference between a screw and a nail. While they may look alike, they have distinct purposes and applications. The same ...

Small businesses tend to avoid retirement plans, largely due to their complexity and cost. Just 34 percent of small businesses offer a retirement savings plan to employees, according to a recent ...

You can transfer your retirement plan savings directly to a new individual retirement account (IRA) by contacting your financial institution and requesting a trustee-to-trustee transfer. This action ...

In Private Letter Ruling 201943020 (released Oct. 25, 2019), the Internal Revenue Service considered the tax implications of a trustee-to-trustee transfer between individual retirement accounts in ...

If you’re a small business owner or employee looking for a simple, tax-advantaged way to save for retirement, a SIMPLE IRA might be your best option. The IRS has confirmed that SIMPLE IRA contribution ...

A SIMPLE IRA is a retirement plan designed for self-employed people and small businesses with 100 or fewer employees. It's a cheaper (and easier) plan for an employer to set up compared to a ...

Determining which type of retirement savings plan to offer employees is often a difficult decision for small business owners. We'll demystify two common types of plans so that business owners can ...