Roth IRAs are a popular retirement savings and investment tool, especially for those expecting to be in a higher tax bracket ...

A backdoor Roth conversion can save you significantly in future taxes, but at the cost of paying those taxes now. This isn't ...

Transferring funds from a 401(k) to a Roth IRA can help a retirement saver control the timing and, potentially, the amount of ...

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Required minimum distributions (RMDs) from pre-tax retirement accounts can have a number of unintended consequences. These ...

By creating a tax-smart retirement income plan, you can better manage your tax burden to ensure you have enough income to ...

Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion. Roth IRA earnings are tax-free after age 59 1/2 and a five-year holding period.

Why are some people hesitant to use them? One common concern is oversaving. You can use 529 funds to cover only qualified education expenses without incurring a tax penalty, but it can be hard to ...

While you're at it, why not think long-term and add retirement planning to the mix? If you can carve out room to contribute ...

If you can carve out room to contribute to an individual retirement account-- like the coveted Roth IRA -- your future self will thank you. Here's why: Roth IRAs are a favorite for many retirement ...

For 2025, you can stash away up to $7,000 in a Roth IRA. If you are over 49, you can stash away up to $8,000 thanks to the catch-up contribution for older savers. Over time, you can potentially ...

Certain service members may actually benefit from putting some of their retirement savings into a Roth individual retirement account (IRA). For example, if you've maxed out on your TSP's matching ...