The TurboTax Blog • 401K, IRA, Stocks

Can I Make Spousal IRA Contributions for Retirement?

March 11, 2020 March 24, 2020 / TurboTaxBlogTeam

You can contribute to an IRA if you earn income from a job or from running your own business, and under certain circumstances, you can even fund an IRA if you’re not working at all. Many couples agree that one...

Full Story

401K, IRA, Stocks

Investing 101: How, Where, When, and Why to Begin

January 10, 2020 January 14, 2020 / Jim Wang

Are you searching for a way to build long-term wealth? Investing can help accomplish this goal. The best part is that you don’t need to be an investment banker or wealthy to start. If you still need to invest your...

Full Story

401K, IRA, Stocks

Stocks, Bonds and Other Ways to Make Your Money Grow

December 27, 2019 January 15, 2020 / Jim Wang

Investing your money can seem intimidating because it’s so much different from working. When you work, you get paid for your time, your expertise, and your experience. You put in an hour of work, you get paid an hour of...

Full Story

401K, IRA, Stocks

I Started Investing This Year, What Do I Need to Know Come Tax Time?

December 26, 2019 December 27, 2019 / Jim Wang

When I first started investing in the stock market, I wasn’t quite sure what I was doing. I wasn’t sure if my purchases would lose value the moment I bought them or if they would grow into exponential figures. I...

Full Story

401K, IRA, Stocks

Using Your 401k to Reduce Taxable Income

October 5, 2019 March 9, 2020 / Jim Wang

As you file your taxes, you’re probably thinking about ways to reduce your taxable income. Did you know that there are a lot of strategies you can use with your retirement funds, like your IRA and 401(k), to reduce your...

Full Story

401K, IRA, Stocks

What Does an IPO Mean for Employee Taxes?

March 29, 2019 April 1, 2019 / TurboTaxBlogTeam

As you’ve probably seen, there’s a wave of tech companies with hotly anticipated Initial Public Offering (IPO) announcements expected this year which could have the effect of creating thousands of millionaires overnight and countless more who’ll see their financial situation...

Full Story

401K, IRA, Stocks

I Started a 401K This Year. What Do I Need to Know When I File?

February 20, 2018 March 9, 2020 / Elle Martinez

The article below is up to date based on the latest tax laws. It is accurate for your 2019 taxes (filed in 2020) and 2018 taxes, which should be filed by the April 15th, 2019 (or October 2019 with filed...

Full Story

401K, IRA, Stocks

Five Tips to Help You Figure Out How Much to Save for Retirement

October 16, 2017 / Elle Martinez

As we get more comfortable with our finances we’re looking for ways to improve our system and that includes our retirement plans. Here are five tips to help you estimate how much you need to save for retirement.

Full Story

401K, IRA, Stocks

Retirement Doesn’t Have to be Scary, Here Are 7 Ways You Can Prepare

November 29, 2016 / Jim Wang

The idea of retirement, something decades away, can be scary. What if you make a mistake today that prevents you from retiring when you want to? What if the stock market tanks again? What if… the list goes on and...

Full Story

401K, IRA, Stocks

What You Need to Know About 401(K) Early Distributions and Taxes

August 19, 2016 / Jim Wang

If you’ve been a diligent retirement saver, you may have amassed an impressive nest egg in your 401(K). There are some cases where making an early withdrawal from your 401(K) makes sense and many cases where it could hamper the...

Full Story

The IRS filing deadline has been extended to July 15, 2020, for all taxpayers. See more tax updates related to COVID-19 here.

Search the Blog

Latest tax and finance news and tips

Search TurboTax Support

FAQ’s and community answers