The tax and retirement planning expert shares what you need to know about the 10-year rule for inherited IRAs, which kicks in for 2025.

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

Question: “I want to save more money on my taxes. My wife and I have W2 incomes, no kids and no dependents. I have invested ...

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 ...

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 match them 3-to-1.

This is the time of year when people's minds are filled with tax issues — whether they're searching for free tax help they can trust, trying to squeeze out more valuable ...

Dear Eric: We have two nephews, 17 and 21, and felt it was time to teach them money management skills and saving for ...

Set your Gen Beta child up for financial success with 529 plans, wills, life insurance, early financial education, and ...

Say you made saving for your kids’ college education a priority, but then grandma swoops in and pays for everything. What ...

Unlike tax-deferred accounts, Roth accounts take advantage of known tax rates. The government benefits from the taxes that it ...

A savings account and a Roth IRA are two key tools that help you reach your financial goals, both in the short- and long-term. A savings account gives you a convenient and safe place to store your ...

There are several types of IRAs, including traditional, SEP or Roth IRA, which come with unique tax advantages. Many different banks, credit unions and other financial institutions offer IRAs.