Single or head of household: You must have a MAGI of $150,000 or less to contribute the full $7,000 to a Roth IRA (or $8,000 ...

A recent study from Northwestern Mutual revealed that the "magic number" for Americans to retire comfortably in 2025 is $1.26 ...

Without access to a 401 (k) account, one of the best tools available to you is an individual retirement account. An IRA is ...

No one wants to pay more tax than they owe. Building a tax-efficient retirement paycheck means weighing options, running ...

High-income households can use what's called a "backdoor Roth" to utilize a Roth IRA despite the program's standard income ...

It is unlikely the loss will help much with taxes on the IRA distribution. Capital loss carryforwards are required to be used first to offset capital gains during the year. If there are still losses ...

These exclusive retirement strategies used by the top 1% can help the average retiree maximize wealth, minimize taxes, and ...

This flexibility can be both a blessing and a curse: if you manage the IRA well, you can grow your savings into a sizable ...

The idea is that it’s more expensive upfront to build a Roth IRA compared with a pre-tax portfolio like a traditional ... that you make the conversion. For example, if you move $50,000 from ...

But if you’re a do-it-yourself investor aiming to build a “no babysitter required” portfolio, here are the key steps to take: ...

Here’s how a few experts say you should invest when you’ve lost your job.