A Roth IRA can be accessed anytime for any reason and is tax- and penalty-free. With the Secure Act, a Roth IRA can continue ...

IRA conversion: traditional accounts to Roth . If you have a traditional IRA, converting it could be a simple matter of ...

If the complexity of the Roth vs. traditional IRA decision is preventing you from opening an account, just know that simply ...

For 2025, single filers must have a modified adjusted gross income (MAGI) of less than $150,000 to contribute the Roth IRA maximum of $7,000, or $8,000 for those age 50 or older. For married couples, ...

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a traditional IRA instead and then convert it to a Roth. While you can only ...

Explore the tax benefits of reverse mortgages, including strategies for Roth conversions and delaying Social Security.

Are there different rules for the spouse versus children inheriting a Roth?' Is there a time I should start withdrawing from a Roth IRA or should I just leave it for my heirs? When inheriting a Roth, ...

Review and file an amended tax return: If after filing your taxes you discover missed deductions or credits for 2024 or ...

You can start taking money from your 401 (k) penalty-free at age 59 ½. So you shouldn't be penalized if you are 60 and ...

When stocks fall, it can be a good time to get money out of tax-deferred accounts to avoid a ticking tax time bomb.

Why a Roth IRA makes sense: With a pre-tax retirement plan like a traditional IRA or 401(k), you don't pay taxes on money contributed or earned until you withdraw it. A Roth IRA is different.

The median retirement savings among Americans aged 65 to 74 today is $200,000, reports the Federal Reserve. So if you’re ...