Early withdrawals from a traditional IRA before age 59 1/2 generally incur a 10 percent penalty tax on the taxable portion of the withdrawal. There are several exceptions to this rule that can help you avoid the penalty under specific circumstances.

What happens if your child or other beneficiary doesn’t use all the money in the 529 account or decides not to go to college?

As we navigate the complexities of financial planning, one opportunity stands out for young adults: individual retirement accounts (IRAs).

The SECURE 2.0 Act, enacted in late 2022, is changing your retirement plan’s ability to allow catch-up contributions.