A Roth IRA is one of the best ways to save for retirement, but it can also be used to save for college. A Roth IRA is one of ...

Opening a traditional IRA is a fairly straightforward process involving only a few steps. Here's what you need to know to ...

401(k) to Roth IRA conversions typically raise your tax bill unless you are rolling over funds from a Roth 401(k). A Roth IRA conversion ladder is a popular strategy among early retirees who want ...

If you’re nearing retirement and you have a sizeable IRA balance, you face some significant decisions surrounding required ...

Now you’ll need to choose where to open an account. Roth IRA accounts can be opened through a number of places, including mutual fund firms, full-service brokerages and financial planning firms.

One option is to reinvest that money, and a Roth IRA would seem to be a perfect choice: withdrawals from Roth accounts are tax-free – including all gains on your investments – and you’ll ...

This is called a Roth conversion or Roth rollover. When you convert funds, you owe income taxes on the amount that’s rolled over for that year. So if you roll over $50,000 from a traditional IRA ...

rollover strategy used by people with high incomes to deposit funds in a Roth individual retirement account (IRA) or Roth 401(k). This strategy only works under very particular circumstances for ...

Another strategy is to keep a portion of your Roth IRA in cash or cash-equivalents (like money market funds), which can provide stability, Stroup said. “When the market crashes, cash preserves ...

Socking away money for retirement is something that’s top of mind for many people. Here's what to know about traditional and ...

Range covers strategic investing for high-income individuals and methods used to help minimize tax burdens and offer greater ...

Don't miss the April 15, 2025 deadline for 2024 IRA contributions, avoid penalties and leverage the 5-year Roth rule.