Roth IRA vs Traditional IRA decisions are some of the most important financial choices you’ll make when planning for retirement. However, they come with complications that need to be navigated. In the ...

Imagine you’re 65 with $1.2 million in an IRA and a lingering question: should you convert your account into a Roth IRA? The answer may depend on how you go about it. A Roth conversion can provide ...

Most people I talk to haven’t been educated on the difference between Roth IRA vs Taxable Account vs IRA. This is especially true with taxable accounts. Many investors are only familiar with the “tax ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...

Your converted funds must stay in your Roth IRA for five years before you can withdraw them penalty-free. Roth savings give you more control over your tax bill in retirement. We’re bullish on these 10 ...

Whether you opened a Roth IRA years ago or have had your eye on one, you probably have a sense of what a great investment vehicle it is. A Roth IRA allows you to contribute money you've already paid ...

A 42-year-old Redditor is trying to decide whether to redirect some 401(k) contributions to a Roth IRA. The poster isn’t sure if making the switch will benefit him since he has been investing in his ...

Unlike a 401(k) or traditional IRA, Roth IRAs allow you to take tax-free withdrawals in retirement. Also know that you can withdraw contributions, but not earnings, at any time from a Roth IRA. High ...

Roth IRAs are powerful retirement tools, but high-earners are not able to contribute directly if their income exceeds a certain threshold. Enter the backdoor Roth IRA: a perfectly legal workaround for ...

Rolling a traditional 401(k) into a Roth IRA triggers immediate taxes on the full conversion amount. Roth IRAs offer tax-free growth and withdrawals with no required minimum distributions during the ...