30 Oct How are you taxed when you inherit an IRA?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

When you withdraw money from an inherited IRA, it's taxed as ordinary income. ...

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29 Oct Can I convert an inherited IRA to a Roth IRA?

Posted at 06:02h in Ask NJMoneyHelp, Retirement

Roth IRAs will give you tax free income, but inherited IRAs have limits. ...

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29 Oct Will I have to pay taxes twice on this retirement withdrawal?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

Your investment company will usually withhold taxes from IRA withdrawals. ...

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26 Aug How fast do we have to empty out this inherited IRA?

Posted at 06:04h in Ask NJMoneyHelp, Estate Planning, Retirement

The SECURE Act made changes to how people must take funds from an inherited IRA. ...

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19 Aug How do I calculate the cost basis for an inherited IRA?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

New Jersey doesn't make it easy to see what you owe in taxes. ...

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04 Aug Do you owe tax when moving a 401(k) to an IRA?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

If you do it right, you won't owe taxes on a rollover. ...

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29 Jul Can this husband and wife both save in Roth IRAs?

Posted at 06:03h in Ask NJMoneyHelp, Retirement

There are rules that allow a non-working spouse to save in an IRA. ...

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29 Jul Should I consolidate my IRAs or move them to my 401(k)?

Posted at 06:02h in Ask NJMoneyHelp, Retirement

You have several choices for how to organize your investment accounts. ...

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27 Jul Can I roll my current 401(k) into an IRA?

Posted at 06:05h in Ask NJMoneyHelp, Retirement

If you're working, you may have limits in what you can do with your 401(k). ...

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27 Jul I’m ready to invest. What kind of IRA should I choose?

Posted at 06:03h in Ask NJMoneyHelp, Retirement

It's never too late to start saving for your financial future. ...

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