The Chubby FIRE Reddit community offers advice for a student who's thinking of using a Roth IRA. Here's what they said.

A mega backdoor Roth is a retirement investment strategy ... A misunderstanding on a tax form could easily turn what should be a non-taxable conversion into a taxable event,” she said.

Discover the power of the backdoor Roth IRA for tax-free retirement income. This guide simplifies the process, including how ...

The key difference between a Roth and a traditional IRA is when taxes are applied to your investment. Both offer tax advantages you can’t get in a regular, non-retirement investment account.

Spouses inheriting Roth IRAs can treat them as their own; others face a 10-year withdrawal limit. Non-spousal heirs need to withdraw all funds within 10 years if the owner died in 2020 or after.

But there may be another option on offer that you are less familiar with — and in some situations, could serve you even better: a Roth 401(k). As of 2023, "about 93% of 401(k) plans offer a Roth ...