If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...

While you can avoid taxes with smart asset selection – like tax-exempt municipal bond funds or closed-end funds (CEFs) that ...

You can cut through the confusion of whether a Roth IRA or Traditional IRA will be your best bet by asking yourself six ...

The Backdoor Roth IRA is a valuable retirement savings tool for high-income earners looking to maximize tax-free retirement ...

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

When our kids started work as teenagers, we made a deal with them. If they contributed 25% of their income to Roth IRAs, we'd ...

A Roth IRA is one of the most powerful tools for building a tax-free retirement. Unlike traditional retirement accounts, Roth ...

Planning for retirement is one of the most important financial decisions you’ll make in your lifetime. Among the many options ...

If you have a Roth IRA retirement account, though, it can be used as a source of funds for that all-important part of the ...

Savers under age 50 can contribute up to $23,500 to a Roth 401 (k) this year (or a traditional one, for that matter), while ...

If you're taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don't need the money ...

If your modified adjusted gross income (MAGI) exceeds these limits, you are ineligible to make direct Roth IRA contributions. However, a backdoor Roth IRA provides a legal workaround. Open a ...