The rules for inheriting a 401(K) have been revamped – everything you need to know and how to avoid a shock bill

The rule change means many people are confused about what is required of them if they inherit a 401(k) or an IRA

Retirement accounts are an important part of the financial assets that many Americans plan to pass down to family. But the constantly changing rules mean that many people are confused about what is required of them if they inherit a 401(K) or an IRA. The rules around inheritance of retirement accounts are complex and depend … Read more

Dave Ramsey Explains Retirement Savings Without a 401(k)

Dave Ramsey Explains Retirement Savings Without a 401(k)

Working Americans doing their best to save for a financially healthy retirement often face a variety of challenges. Some work for companies that offer an employer-sponsored 401(k) plan. But personal finance coach Dave Ramsey says nearly a third of US workers don’t have access to such a benefit. The good news? There are options. And … Read more

I’m a Retirement Planning Expert: These 4 states are led by Florida and Arizona

I'm a Retirement Planning Expert: These 4 states are led by Florida and Arizona

RondaKimbrow/Getty Images/iStockphoto When it comes time to retire, many people automatically think of heading to the bright and sunny states of Florida or Arizona. With their warm weather, golf courses, and retirement communities, these states seem like obvious choices. However, retirement planning experts say other states may be even better for retirement living. Check out: … Read more