IRA

Q. If one’s income is basically from Social Security and the Required Minimum Distribution (RMD) from an IRA, is it acceptable to withhold the entire year’s tax bill from the RMD taken towards the end of the year rather than paying quarterly estimated tax? No monthly tax is being withheld from Social Security income

Q. How can I decide if I should choose a Roth IRA or a regular IRA? I want to make the contribution before the tax deadline.

Q. I have a 401(k) at work. Can I also save in an IRA? If I can, which kind of IRA should I pick?

Q. How can I decide if I should use a Roth IRA or a regular IRA? I have a 401(k) at my job — the regular kind, not the Roth kind.

Have you saved any money for retirement or are you among the many Americans who haven't socked away anything? You could get the opportunity to have your company take a small percentage from your paycheck and put it into a state-run retirement account.