May 9, 2023 | Financial Planning, Investments, Retirement Planning
A pension is a retirement-savings plan, typically employer-funded, that gives you regular payments in retirement. A 401(k) is a workplace retirement plan that gives employees a tax break when they contribute. For some people, a pension is a route to retirement, but...
May 2, 2023 | Financial Planning, Retirement Planning
unless they’re inherited. Here’s what you need to know KEY POINTS Roth individual retirement accounts don’t have required minimum distributions during the original owner’s lifetime. Those rules change for the owner’s heirs. Heirs must generally empty the account...
