Opening a Roth IRA is a smart financial move, but it's easy to get wrong. From skipping key setup steps to making costly ...

At age 50, Roth contributions might be valuable, for the right household. With a Roth portfolio, the question is balancing ...

If you’re an employee thinking about how to save for retirement, individual retirement accounts, known as IRAs, are worth ...

The IRA is a cornerstone for many, allowing you to build a nest egg with investments that fit your risk profile. You pick the ...

I encouraged my wife to take a $40,000 Roth conversion in a lower tax year. Even though she has another Roth IRA at a ...

“This can be used as a short-term, interest-free loan, but if not repaid in full within the timeframe, the withdrawal is treated as a taxable distribution and may incur a 10% early withdrawal penalty ...

non-qualified Roth IRA distributions. A qualified Roth IRA distribution is a withdrawal that meets IRS requirements so as not to incur any additional taxes or penalties, even on earnings.

Learn why homebuyers who need to come up with upfront costs like down payments should consider carefully before using ...

You will pay a 10% early withdrawal penalty if you take the money out before Jan. 1, 2029, unless you qualify for one of the exceptions below. If you do multiple Roth IRA conversions ...

You qualify as an eligible designated beneficiary if: Under the old rules, which apply if your loved one passed away in 2019 or earlier, you have to take RMDs when you inherit a Roth IRA from ...

Now that another tax season is in the rearview mirror for most of us, what lessons can you take from what you learned about ...

The following pros and cons should be carefully considered to determine whether life insurance would be a good addition to ...