Form 5498 documents individual retirement account (IRA) contributions, rollovers and distributions. You don’t need to fill it out or send it to the IRS — just keep it for your records. Many, or all, ...

Contributing money to a traditional or Roth IRA can help you save money for retirement on a tax-advantaged basis. Should you ...

The suspense is finally over. On Nov. 1, the IRS released the 2025 contribution limits for retirement accounts, including Roth IRAs. Now is the perfect time to plan ahead and set yourself up to crush ...

Individual retirement accounts (IRAs) first became available to Americans in the mid-1970s and have grown in popularity since. Annually, the Internal Revenue Service (IRS) announces contribution ...

While a person typically can't contribute to an IRA without earned income, there is an exception: having a spouse. If your ...

A SIMPLE IRA is a retirement plan designed for self-employed people and small businesses with 100 or fewer employees. It's a cheaper (and easier) plan for an employer to set up compared to a ...

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If you have an individual retirement account, you need to get acquainted with IRS Form 8606 before filing your tax return this year. Failing to file a Form 8606 could result in a $50 penalty unless ...