A Roth IRA offers significant benefits for retirees. As an after-tax account, distributions from Roth IRAs are typically ...

If you have a Roth IRA retirement account, though, it can be used as a source of funds for that all-important part of the ...

That effectively doubles the amount your household can sock away in IRAs (pre-tax or Roth) each year. The only requirement is that the spouse who owns the IRA must have enough earned income to ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

Roth IRA contributions are never tax deductible ... or married filing separately (and didn’t live with your spouse at any point during the year). Those who make slightly above these limits ...

You could be a teenager with a job, an employee of a small company that doesn’t offer a retirement plan or even an unemployed ...

If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...

According to Phillip Weiss, a financial advisor at Apprise Wealth Management, this can be particularly beneficial to any spouse you may leave behind. "The tax-free aspect of Roth IRA withdrawals ...

With that said, you have a few options for what you can do with the IRA you inherited since you're a spousal beneficiary ... then convert those assets to a Roth IRA. This option can be beneficial ...

For 2025, the Roth IRA contribution limit is $7,000, or $8,000 if you're 50 and older, which is unchanged from the previous year. However, you or your spouse must have at least as much "earned ...

Pavel V Mukhin/Shutterstock. With tax season in full swing, it's prime time for married couples to maximize all t ...