I inherited a non-qualified annuity from my mom. I am on SSDI and I receive $1,800 per month. The annuity is worth $100,000.

Discover the ins and outs of converting an annuity to a Roth IRA. Understand this conversion's steps, benefits, drawbacks, ...

The SECURE Act changed the rules for many individuals who inherited individual retirement accounts. However, even though SECURE took effect five years ago, advisors continue to receive questions from ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...

It’s no secret that annuities play a pivotal role in retirement planning, providing a steady income. Despite certain tax advantages, annuity taxation has several intricacies that must be understood ...

When people inherit a sizable chunk of money, it's often assumed that they'll eventually leave a legacy behind for their adult kids or grandchildren. Unfortunately, not everyone uses a financial ...

Americans held $33 trillion in individual retirement accounts in 2022, and many of those IRA holders have yet to withdraw their funds and pay taxes on them. With the total debt of the U.S. federal ...

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I’m a biologist trying to understand finance. What should I do with a $600,000 inheritance from my father? I’m single with two young adult sons who are in college. I make a low salary, but the college ...