The two primary types of retirement accounts you may encounter are 401 (k) plans and individual retirement accounts (IRAs).

After retirement, most people see their annual income drop, and that's one of the things that makes an IRA so attractive.

An IRA is just one of many retirement account options, and there are several types to choose from. The right choice will depend on your retirement goals, timeline, and expectations for future taxes.

If you're ready to start investing for retirement, an IRA may be one of the best tools out there to maximize your money and minimize your tax burden. Many, or all, of the products featured on this ...

Many people use individual retirement accounts — more commonly ... While there are several types of IRAs on the market, such as traditional IRAs, Roth IRAs, SEP IRAs and SIMPLE IRAs, we chose ...

An IRA is a type of retirement account investors can open with a bank or brokerage that provides tax advantages for retirement investors. The two main types of IRAs are traditional IRAs and Roth IRAs.

Another is to be tax-smart with your investments and account choices to reduce your tax liability to an absolute minimum. While many things are surprisingly taxed in retirement, several types of ...

Borrowing from your retirement account can provide a short-term financial ... This involves understanding the different types ...

Provident fund is a safe investment option for employed people. Every month 12 percent of the employee's basic salary is ...

a percentage of the money held in certain types of retirement accounts. Read on to learn more about RMDs, including how to calculate the withdrawal amount for a retirement account with a balance ...

Say you start at age 25, and put aside $3,000 a year in a tax-deferred retirement account for 10 years - and then you stop saving - completely. By the time you reach 65, your $30,000 investment ...

Let's explore how taxes work in retirement, the differences between account types, and how working with a financial adviser or CPA can help you create a tax-efficient withdrawal strategy.