In this piece, we’ll check in on a case of a 20-something-year-old individual who took to the r/MiddleClassFinance subreddit ...

Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

Both a Roth IRA and a 529 Plan are valid ways to save for a college education. Each has unique benefits and limitations.

A Roth IRA can be a great way to save for retirement, as the accounts have no required minimum distributions and you can ...

Both a Roth IRA and a 529 Plan are valid ways to save for a college education. Each has unique benefits and limitations. Starting in 2024, unused funds in a 529 account may be converted into a ...

The 401 (k) and IRA contribution limits for 2025: Here's how much you can save Workers are able to put more into employer-sponsored retirement plans.

Recent market swings due to tariffs have unsettled investors, including IRA owners, though conditions have stabilized ...

The contribution limit applies to all IRAs in a given year. For 2025, if you have both a traditional and a Roth IRA, you must decide how to divide $7,000 between the two.

A Roth IRA conversion ladder is a multiyear savings strategy that lets you tap your retirement account before reaching age 59½—without taxes or penalties.

Am I too old to open a Roth IRA? Answer: Not at all! There is no age limit, so basically anyone can open a Roth IRA as long as they have "earned income." ...

Navigate Roth IRA withdrawals by learning when you are eligible to make a withdrawal, tax matters, whether you may face penalties, and exceptions to the rules.