Maxing out your IRA contributions means many different things. The first step is figuring out what maxing out your IRA even ...

Now, thanks to new rules, unused funds can be rolled into a Roth IRA under certain conditions. This option gives grandparents and parents a powerful new way to support long-term financial security for ...

Tax-advantaged accounts play a huge role in building a secure retirement. They help your money grow faster by reducing the ...

If you’re over 73 years old, you're aware that every now and then, you must make a required withdrawal from your Individual ...

It is possible to day trade with Roth IRA funds and avoid tax on earnings, but you'll face extreme limitations that make it ...

The tax-and-spending legislation enacted in July has tax breaks for some savers but makes an already-complex process trickier ...

One downside of a Roth IRA is the income limits to be eligible to contribute to one. If you're single or file as head of ...

A Roth IRA conversion needs to be planned for. The sum you move over adds to your tax bill, so if it’s a large amount, you may want to split up your conversion across a number of years.

Mega Backdoor Roth IRA – If your 401 (k) plan allows for after-tax contributions, you may be eligible for a Mega Backdoor Roth strategy. Charitable Giving – Strategic donations can reduce your ...

Roth IRA and Social Security: A complementary duo Social Security is often described as a pillar of American retirement, but it is generally not sufficient to cover all needs.

Earnings withdrawal rules. You can only withdraw investment earnings from a Roth IRA if you are over age 59 ½, a first-time homebuyer, disabled, or the beneficiary of a deceased person’s Roth IRA.