Readers had questions about individual retirement accounts, distributions and access to brokerage accounts if they moved away from the U.S. Here are some answers.
Category: Individual Retirement Accounts
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Why States Are Offering Workers at Private Companies Access to I.R.A.s
With the plans, workers are automatically enrolled and contribute through payroll deductions. The goal is to help more Americans save for retirement.
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What to Do When Your 401(k) Leaves Something to Be Desired
Over the course of a career, the high fees and a lower-quality menu of investment options found in some plans can shrink your balance significantly.
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Labor Department Proposes New Fiduciary Rule to Protect Investors
The Labor Department’s latest push for a new fiduciary rule would protect investors’ retirement savings and require financial services providers to change.
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What You Need to Know for the 2024 Tax Season
There are tax breaks for electric car purchases, SALT workarounds, benefits for retirees and a new system for eligible taxpayers to file their returns.
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Money in College Savings Accounts Can Now Go Toward Retirement
But there are caveats to moving the money into Roth I.R.A.s, and the government still has to issue guidelines about the option.
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Did You Keep a Money Secret, and Have a Happy Outcome? Tell Us About It.
If you or someone you love hid a financial matter that ended well, The Times would like to hear from you.
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In 2024, More Old 401(k) Accounts Could Be Forced Into Rollovers
In 2024, more low-balance, forgotten 401(k)s and similar retirement plans could be forced into rollover accounts, which don’t benefit their owners. Here’s what to know.
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Higher Contribution Limits Are Coming for 401(k) Retirement Plans
But, financial advisers note, most people cannot afford to set aside the maximum amount. “This is a system geared for high earners,” one expert said.