One of the most common retirement questions people face is also one of the most confusing. As you build your retirement savings, should you contribute to a pre-tax account like a 401(k) or IRA, or put ...

Quick Read $7,500 annual backdoor Roth grows to $328,500 tax-free per spouse over 20 years at 7% despite $300,000 income ...

Converting money from a traditional IRA or 401(k) into a Roth IRA means paying taxes up front in exchange for tax-free withdrawals later. And in some situations, that makes sense. If you're going to ...

The start of the year is the perfect time to review your retirement savings, including pre-tax versus Roth 401(k) contributions. Pre-tax savings offers a write-off and tax-deferred growth, while Roth ...

Pretax retirement contributions lower your taxable income now, but withdrawals are taxed in retirement. Roth contributions are made with after-tax dollars, allowing for tax-free growth and withdrawals ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A 60-year-old caller named Sue wrote into the Retirement ...

A 58-year-old earning $280,000 a year has already maxed their pre-tax 401(k) deferral. What most do not know is that their ...

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

I have an after-tax 401(k) that I would like to roll over to a Roth IRA with Schwab. Experts at Schwab say it can be rolled ...