Regardless of how old you are, you can still reap the benefits of a Roth IRA, a retirement account that allows savers to grow their money tax-free.

d3sign / Getty Images A Roth IRA offers tax-free growth on contributions and, if you follow certain rules, on earnings as well, making this type of account a powerful tool for long-term savings.

When you convert a traditional IRA to a Roth IRA, you will have to pay income tax on the conversion for the year you do the switch. But once the money is in the Roth IRA, future earnings and ...

Retirees are wise to follow news about income taxes very closely. The threat of Joe Biden’s proposed 82,000 armed IRS tax ...

Roth conversions are especially attractive when the stock market drops, according to certified financial planner Ashton ...

Tax season is the perfect time to review your Roth IRA contribution strategy. While Roth IRAs offer incredible tax advantages, they come with specific rules that can trip up even savvy investors.

Roth IRA contributions can be withdrawn anytime without taxes or penalties. Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion.

Many retirees favor tax-deferred accounts like traditional IRAs for their long-term growth potential. However, once Required ...

You might think the choice between a Roth and a traditional individual retirement account comes down to taxes. While taxes play a role in this decision, investors shouldn't overlook other ...

The key differences that make a Roth IRA stand out, however, include limits on who can contribute and the ability to withdraw your earnings in retirement tax-free (see our FAQs for more details).

Products and services have been getting more expensive for years, and wages haven’t kept up. Although the affordability ...