If the complexity of the Roth vs. traditional IRA decision is preventing you from opening an account, just know that simply ...

Roth IRAs, on the other hand, do not offer a tax break on contributions. Instead, they offer tax-free gains and withdrawals, ...

Is there a time I should start withdrawing from a Roth IRA or should I just leave it for my heirs? When inheriting a Roth, ...

Start by looking at your income. There are income limits for Roth IRAs, so if your income is above those limits, then it's a no-brainer: a traditional IRA is the only one for you. Let's say you're ...

A personal retirement savings vehicle created by the Tax Payer Relief Act of 1997. A Roth IRA allows certain investors to make non-deductible contributions of up to $4,000 annually and ...

A backdoor IRA is a legal strategy that allows high-income earners to bypass income limits on Roth IRA contributions. What Is a Backdoor Roth IRA? The backdoor Roth IRA is a maneuver that allows ...

Inheriting a Roth IRA avoids probate if the deceased listed you as a beneficiary. Spouses inheriting Roth IRAs can treat them as their own; others face a 10-year withdrawal limit. Non-spousal ...

Any withdrawals from a traditional IRA before the age of 59½ are subject to taxes and a 10% penalty. Roth IRAs also penalize early withdrawals. There are better alternatives, such as transferring ...

When it comes to saving for retirement, the Roth and traditional IRA are like two sides of the same coin. Both offer powerful ways to grow your savings, but they come with distinct tax advantages ...

Is your income too high to qualify for Roth IRA contributions? There is still time to lower your taxable income from last year and make a contribution. Making other changes may also help reduce ...

And yes, in case you're wondering, I don't exclude 5- and 10-year-olds from the future retiree definition ... IRA FAQs, in answer to the question "Can I contribute to a traditional or Roth ...

Roth IRA contributions are after-tax ... You become disabled under the IRS definition. You're withdrawing a maximum of $10,000 to build, buy, or rebuild your first home. You die and the ...