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 […] The post Can I Use My RMDs to Transfer Money Into My Roth IRA? appeared first on SmartReads by SmartAsset.

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  I'm 60 With $1.1 Million in an IRA. Is It Worth Converting $100,000 Per Year to a Roth to Avoid RMDs?

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  I Want to Convert $500k in My 401(k) to a Roth IRA. How Do I Avoid Paying Taxes?

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Billionaire Bill Ackman Has 70% of His $10 Billion Portfolio in Just 4 Stocks

These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.

Florida Governor Ron DeSantis Signs Legislation to 'End the Squatters Scam & Protect Homeowners'

In a post on X, formerly Twitter, Florida Governor Ron DeSantis announced that he signed legislation “to end the squatters scam & protect homeowners.” Governor Ron DeSantis Signs Legislation to End the Squatters Scam & Protect Homeowners https://t.co/MjqOKiAHPZ — Ron DeSantis (@GovRonDeSantis) March 27, 2024 "We are putting an end to the squatters scam in Florida," DeSantis said in a release on his website. "While other states are siding with the squatters, we are protecting property owners and

Insurers could face losses of up to $4 billion after Baltimore bridge tragedy-analyst

LONDON (Reuters) -Baltimore's Francis Scott Key Bridge collapse could cost insurers billions of dollars in claims, analysts say, with one putting it at as much as $4 billion, which would make the tragedy a record shipping insurance loss. With little clarity on when the Port of Baltimore would re-open, insurers and analysts are now assessing the likely losses borne by underwriters across several product lines including property, cargo, marine, liability, trade credit and contingent business interruption. "Depending on the length of the blockage and the nature of the business interruption coverage for the Port of Baltimore, insured losses could total between $2 billion and $4 billion," said Marcos Alvarez, managing director for global insurance ratings at Morningstar DBRS.

Why Nikola Stock Soared Today

Hydrogen as a fuel is getting more publicity.

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  Is Nikola Stock a Buy?

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  Is Nikola (NKLA) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

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5 Spectacular Artificial Intelligence (AI) Stocks to Buy Now and Hold for the Long Term

Investors should not ignore the rise of AI despite the hype around certain companies.

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  Palantir Stock Downgraded To Sell Amid 'Unprecedented Generative AI Hype Cycle'

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  Palantir Stock Slips. The Valuation Is ‘Excessive,’ Analyst Says.

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Trump Media stock surges on day 2 of market debut

Trump Media & Technology Group soared as much as 14% on Wednesday.

Palantir Stock Downgraded To Sell Amid 'Unprecedented Generative AI Hype Cycle'

An analyst downgraded Palantir stock on views the data analytics software maker's valuation is inflated amid investor buzz over generative artificial intelligence.

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  Palantir Stock Slips. The Valuation Is ‘Excessive,’ Analyst Says.

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  5 Spectacular Artificial Intelligence (AI) Stocks to Buy Now and Hold for the Long Term

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Here's the Biggest Social Security Benefit Retirees Can Get at Ages 62, 66, and 70

The age when retired workers claim Social Security benefits has a substantial impact on their payout.