In life, you often get second chances — and the same is true with investing. To illustrate: you might not have been able to ...

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

Sometimes, life goes one way when you planned on it to go another. In the case of retirement planning, let's say you've been ...

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

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions ...

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

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

If you have a tax-deferred retirement savings account such as a 401(k), taking earlier or larger withdrawals than required ...

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 ...

Including a Roth IRA in your estate plan has clear tax advantages, which can be passed along to your heirs for years to come.

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 ...