What this means functionally is that his first step of the process is to account for his yearly required minimum distribution, which he does in the form of a charitable donation. That allows him to ...

A workaround for the Roth IRA income restrictions enables wealthier individuals to to earn tax-free income. But how long will that back door remain open?

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 ...

Fact checked by Vikki VelasquezRegardless of how old you are, you can still reap the benefits of a Roth IRA, a retirement ...

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 ...

I started my retirement journey 17 years ago when I was $300,000 in debt. My journey wasn't quick, but fast forward almost ...

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 ...

If you’re going to save for retirement, you might as well enjoy a host of tax benefits along the way. That’s why savers are ...

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

To see if they'll apply to you, you have to calculate your combined income, which is the total of your adjusted gross income, ...

If you're strategic about your retirement account withdrawals, you can potentially minimize the taxes you'll pay on your ...

Used with care, the Roth IRA may help serve several objectives at once - like a multipurpose tool in your financial-planning ...