I accidentally deposited $10,000 instead of $1,000 into my daughter’s 529 account. Is there a way I can withdraw the $9,000 without paying a penalty?

While many people don't have an extra $9,000 to spare, leaving the funds in the 529 account might make the most sense if you ...

I’m a Wealth Manager: 5 Things Billionaires Do That You Don’t

Wealth manager Geoffrey Passehl shared five billionaire strategies regular investors miss -- some of them are obvious and ...
Kiplinger

Deferring Taxes Until Retirement? You May Want to Rethink That

Conventional wisdom about putting money in qualified accounts (401(k), 403(b) and IRA are examples) for decades has been to defer your tax liability on those assets for as long as possible and get ...
Kiplinger

Remember: Retirement Accounts Are Not All Taxed the Same

As you formulate your plan for retirement, you may be pleased with the amount of money saved over your working life and now invested in your after-tax investment accounts, IRA/401(k) accounts and as ...
AOL

401(k) Alternatives: How To Save for Retirement Without a 401(k)

A company-sponsored 401(k) plan is just one option to save for retirement. If you work for a company that doesn’t offer a 401(k), or if you are self-employed and don’t have access to a group-sponsored ...
Forbes

Manage Your Tax-Advantaged Savings Accounts Before The Tax Code Changes

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In my last piece, I wrote about the tax code potentially undergoing massive changes in the ...
NBC New York

The Age for Required Withdrawals From Retirement Accounts Could Go Higher. Here's Who Would Benefit

Some future retirees could end up getting more time to amass a heap of money that won't be taxed when they or their heirs tap it. Under a provision in a federal retirement bill that cleared the House ...