IRA News

C ongratulations Class of 2013! I wish I had known the following financial steps at graduation, but my hindsight is your benefit.

D EAR HARRY: I am 62, and I'm not financially able to retire. I don't have much saved, only about $23,000 in my IRA.

I recently purchased a new home with a 30-year mortgage fixed at 3.375%. I hate the idea of paying for a home for 30 years, not to mention the added interest over time.

Q. I plan on semi-retiring, working only part-time, starting in June. I have a 401 with the company where I'll be working part-time and one with my current employer.

The president has taken to calling us his "Boss." We say we are your Supporters.

One of the most common questions I hear from clients is whether they should invest in a traditional IRA or a Roth IRA.

The board game Monopoly has been in the news lately with the announcement by game maker Hasbro Inc.

Saving $1 million for retirement is a realistic goal for most workers, but it will take a considerable amount of effort to get there.

The covered call is a strategy where an investor writes a call option contract while at the same time owning an equivalent number of shares of the underlying stock.If this stock is purchased simultaneously with writing the call contract, the strategy is commonly referred to as a buy-write. While you may have heard that trading options is risky ... (more)

In the official memo announcing Yahoo's $1.1 billion acquisition of Tumblr today, the companies promised not to "screw it up." But similar promises have been made before.

Nonretired Americans' expectations about which sources they will rely on to fund their retirement differ significantly by their annual household income.

Lori Lucas says without a policy, plan participants are subject to marketing by record keepers who want retirees and departing employees to roll over their assets into an IRA.

In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures -- like tapping their retirement accounts -- to fund the deals.

Q: Dear Rick: I am 75 years old and in January of each year I take my required minimum distribution.

Americans may be living longer, but our retirement plans aren't keeping up. Which means people are living longer with smaller bank accounts.

I would like to start putting some money away for my young grandson's college education.

Thank goodness for President Barack Obama, for without his wisdom and foresight none of us would know how to live our lives, and in particular, how much money we need to save for our own retirement.

Americans between the ages of 61 and 70 are withdrawing money from their IRAs in amounts that are larger, both in absolute dollar amounts and as a percentage of their IRA account balance, than those taken by older households.

President Bush, second from right, speaks during his roundtable discussion on health savings accounts in 2008 in Oklahoma City.

The down payment is often the toughest hurdle to clear when buying a home. Whether you're opting for a Federal Housing Administration mortgage loan with just 3.5 percent down, or shooting for a conventional loan with 20 percent down, saving for a down payment on your first home can take years.