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

High-interest debt can feel like a dead weight. While it may be tempting to pull money out of a Roth IRA to pay off debt, is ...

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 ...

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 ...

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

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

It's a good idea to periodically assess your investment portfolio from time to time to see whether it meets your financial goals.

A simple and accessible incentive savings plan will provide families with a way to establish financial security and ...

Another thing you lose if you take money out of a Roth IRA is the benefit of tax diversification, Buhrmann said. Diversification means “establishing various buckets of assets” he explained ...