If you have a Roth IRA, understanding the Roth IRA 5-year rule is critical to avoiding taxes and penalties when you withdraw money. Here's more details!

Both accounts provide benefits, but your future financial situation plays a big role in determining which makes sense for you.

A Roth IRA gives you tax-free growth and withdrawals in retirement. Take money out too soon, however, and you'll face income taxes plus a 10% tax penalty.

It might seem counter intuitive to decide to pay MORE taxes now, rather than defer them, but in some cases, that can be a ...

If you have just inherited a Roth IRA from your parent, spouse, or non-spouse, here are the rules for taxes and beneficiaries ...

Given the number of rules surrounding Roth IRAs, sometimes it may be hard to separate fact from fiction. Roth IRAs aren't just for young workers. Regardless of age, a Roth can benefit anyone's ...

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 ...

Backdoor Roths and mega backdoor Roths are strategies used by high earners who aren’t eligible to contribute to Roth IRAs due to the income limits. The backdoor Roth and mega backdoor Roth strategies ...

Roth IRAs have annual income limits, which means that not everyone can contribute. However, there is a way for high earners to sidestep this requirement. Many, or all, of the products featured on this ...

Like rollovers from traditional accounts under employer plans, rollovers from Roth 401(k)s must include only eligible amounts. Amounts not eligible for rollover include: Hardship withdrawals.