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

A n IRA conversion to Roth is a popular pre-retirement or early retirement move. Roth IRAs offer several benefits that traditional retirement plans don’t. Not only are investment gains in a Roth IRA ...

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.

If you want the flexibility to be able to tap into your retirement savings if needed, the Roth IRA is your best bet. You can ...

Do funds in a Roth IRA get the benefit of a stepped-up basis for my heirs when I die? No, the cost basis of the assets held within your IRA will not step up or reset to their current market value when ...

Curious if a Roth conversion might boost your Social Security benefits? Here’s the reality: while converting to a Roth IRA ramps up your taxable income for that year, it doesn’t affect the way Social ...

Saving for retirement is important, but so is finding the right retirement account. You want something that fits your needs. While there are different retirement vehicles out there to build a nest egg ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. One of the most important decisions anyone has to make in ...

With a traditional retirement plan, you'll not only pay taxes on gains eventually, but you'll also be forced to take required ...

An individual retirement account (IRA) is a versatile personal savings plan designed to help Americans save for retirement, offering tax benefits along the way. If you've heard about IRAs but never ...