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

Picture this: you’re 65 years old, still working and have around $400,000 saved in a traditional IRA. You’re healthy, active ...

The sooner you start financially planning, the sooner you can set your child up for financial success and build generational ...

Converting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits – including tax-free ...

While utilizing Roth accounts to pay off debt isn’t a wrong idea, it’s just not the most tax efficient, he pointed out. The problem is that when you take money out of an IRA, you’re not just ...

You also should consider factors such as your age and the length of time you’ve had a Roth IRA. You do have to be over age 59½ and the account must be open for at least five years for you to ...

Future tax rates are uncertain, which means the choice between a Roth or a traditional IRA is one that involves both science and art. Having a window into the future would help. “If that’s not ...

For the past seven years I have used my bank’s private-investment For the past seven years I have used my bank’s private-investment department to fully fund a backdoor Roth IRA. I go into the ...

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

Start with your household’s income and assets ... obviating the need to cash out sections of their retirement portfolio while your Roth IRA is left alone to grow. But if you do opt to withdrawal ...

At intervals, you’ll refill your short-term bucket with dividends, interest and the gains from your long-term portfolios — a ...