The only potential "catch" with a Roth is that you must qualify to fund one, and higher earners might not. Other than that, ...

This says that you must wait until the converted funds have been in your Roth IRA for at least five years before you can ...

If you’re 60 years old with $1.2 million saved for retirement in a traditional IRA, you may be starting to think about ...

Many of our grandparents relied on pensions for retirement income, but few employers these days offer similar retirement coverage. Instead, we have a retirement tool that our grandparents didn't: the ...

Roth IRAs have been around for more than 20 years, and many people may have forgotten or never learned about how valuable they can be. Even small contributions over time can translate into a ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Strategizing retirement savings in your 20s can be a ...

Roth conversions, if done right, can lower your tax bill over your lifetime. But be careful. Roth conversions pose traps, and the unwary can easily get caught. Here are eight factors to consider in ...

Financial expert Suze Orman is urging Americans not to wait when it comes to opening a Roth IRA. Even if you only have a single dollar to contribute, she says in a recent episode of her "Women & Money ...

Planning for retirement isn’t simple. Many investors and their advisors pore over options, looking for the perfect allocation of stocks, bonds, cash and other assets. “What few of them are thinking ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

IRS Form 5498 is one of the most overlooked but critically important IRA forms. While Form 1099-R usually gets attention during tax time for reporting distributions, Form 5498 plays a ...

For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...