Whether to pay off debt or save for retirement is a tough decision. Learn how interest rates, emotions, and your financial ...

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

RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...

My good friend Bob from Munster had a question I thought merited visiting in the column. Bob’s question involved a topic we are dealing with more and more often in ...

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

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

If you’re contributing to a Roth IRA, you’re already ahead of the game. Roth IRAs are a retirement saver’s dream. These ...

New tariffs could increase prices and shake the markets. Here’s what retirees need to know about Roth conversions, big ...

Not all money in a Roth Thrift Savings Plan account is automatically tax-free, and there are several things to consider ...

The good news is this: Choosing between a Roth IRA and a 401 (k) is not an all-or-nothing scenario. There's no rule saying you can't invest in both, and that may be precisely what you decide to do.

In short, a 401 (k) allows you to contribute anywhere from $23,500 to $34,750, depending on your age. Income limits: If you're a high earner, you may be ineligible to contribute to a Roth IRA.

Nevertheless, choosing between a 401 (k) with a generous 25% employer match and a Roth IRA is a good problem to have.