When it comes to saving for retirement, the Roth and traditional IRA are like two sides of the same coin. Both offer powerful ...

A 401 (k) is the most popular retirement account (by far) and is often synonymous with retirement savings, but I personally ...

You put in after-tax dollars to a Roth IRA, so you can withdraw your contributions at any time, free of taxes and penalties. And if you’ve had your account for at least five years and you’re ...

Tax-free withdrawals — You put in after-tax dollars to a Roth IRA, so you can withdraw your contributions at any time, free of taxes and penalties. And if you’ve had your account for at least ...

However, RMDs don't apply to Roth individual retirement accounts while the owner or surviving spouse is alive. That can provide more time for tax ... Therefore, a Roth IRA provides a "much longer ...

Imagine you contribute $100,000 to your Roth IRA, but with shrewd investing, your balance grows to $1.5 million over time. That means you get to walk away with a $1.4 million gain free and clear.

I don’t know how nuanced I can be because I always recommend Roth IRAs over Traditional IRAs when possible. From a tax perspective, they are great. The only time I believe it would make sense to ...

With a Roth IRA, you will contribute your post-tax income and once you retire, you can enjoy all of your earnings without having to worry about paying income tax. There is no time like the present ...

Savers love Roth individual retirement accounts (IRAs) because contributions and earnings grow tax-free. You’ll pay after-tax dollars on the front end, but when it’s time to retire (after age ...

In a previous article about Roth conversions, an advisor wrote: “For many folks, a prime time for Roth conversions ... How can a retiree roll funds into a Roth IRA without having any earned ...

This, in turn, can reduce the amount that you pay on each dollar that’s converted over time. Say that you have $845,000 in a traditional IRA that you want to convert into a Roth IRA while also ...