Tag Archives: Social Security

Can I Use My RMDs to Transfer Money Into My Roth IRA?

If you’re taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don’t need the money to cover living expenses, where should you stash that unneeded cash? Investors now need to start taking RMDs at age 73 or, if they were born after 1960, at age 75. Depending on the balances of your accounts, that distribution can …

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Would a Trump Win Impact Social Security? 5 Money Facts for Retirees

Douglas Rissing / Getty Images As Donald Trump is now officially the Republican candidate for president in 2024, it’s a good time to take a closer look at what his policies might be if he wins. Of particular importance to seniors is what Trump might do to Social Security during a potential second term. Read Next: Trump-Era Tax Cuts Are …

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