Where will your retirement money come from? If you’re like most people, qualified-retirement plans, Social Security, and personal savings and investments are expected to play a role. Once you have estimated the amount of money you may need for retirement, a sound approach involves taking a close look at your potential retirement-income sources.
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There have been a number of changes to Social Security that may affect you, especially if you are nearing retirement.
One or the other? Perhaps both traditional and Roth IRAs can play a part in your retirement plans.
This article may help you understand the most recent changes to your IRA and your RMD implemented with the SECURE Act.