In life, you often get second chances — and the same is true with investing. To illustrate: you might not have been able to contribute to a Roth IRA during your working years due to your income ...

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

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 ...

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

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 ...

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

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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The Taxpayer Relief Act of 1997 created a new version of the account, called the Roth IRA, where workers contributed after-tax dollars but could withdraw tax-free funds in retirement. The Roth variant ...

There are limits as to how much you can contribute and for income thresholds for individual retirement accounts. For 2024 and 2025, you can contribute $7,000.

The first step is to open a Roth IRA and start making direct contributions if you're eligible. For 2025, the contribution ...