One nice thing about Roth IRAs, as opposed to traditional IRAs, is that you're not forced to take required minimum ...

There used to be what you might call “backsies” or a “do-over” on converting money from a traditional IRA to a Roth. You ...

If you’re contributing to a Roth IRA, you’re already ahead of the game. Roth IRAs are a retirement saver’s dream. These accounts offer tax-free growth, and as long as you follow the rules, you’ll be ...

A 401 (k) is the most popular type of retirement account, but it's not the only option available. Others, like individual ...

Unlike a Roth IRA, which has income restrictions, a Roth 401 (k) is open to anyone — if your employer offers it. Not all ...

One of the most important things you can do for your retirement is save consistently for it. You should expect to need money on top of what Social Security pays you. And the larger a nest egg you brin ...

The Inflation Reduction Act of 2022 (IRA), President Biden’s signature climate bill, passed solely by Democrats, contains lucrative, essentially uncapped subsidies for wind and solar-generated power.

Roth 401(k)s offer a number of benefits, including tax-free gains and withdrawals. But before you get your mind set on one, consider these downsides.

Whether you are considering a new Roth 403 (b) option or weighing a Roth IRA conversion, these decisions must be approached thoughtfully. Evaluate your tax brackets, market conditions, available cash ...

A Roth conversion is the process of rolling over retirement funds invested in a pretax account, like a regular IRA or 401(k), into an after-tax Roth IRA. You’ll pay capital gains taxes at the ...

The most you can contribute to a Roth IRA this year is $7,000. If you are over 50, you can make an additional catch-up contribution of $1,000, for a total contribution of $8,000.

For most people, of course, the former is the more likely scenario. Image source: Getty Images. That's not the only noteworthy scenario in which a Roth IRA might not be ideal, however.