Among the investment strategies that those living in the FIRE world pursue, IRAs are a popular option. Thanks to their ...

H ow much do you need to save for retirement? For most people, the initial answer is "As much as possible." While that ...

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

However, a 401(k) isn't the only retirement account you should embrace. A Roth IRA can be a great complement to a 401(k). Each has its pros and cons, but I must admit that I prefer a Roth IRA over ...

Opening a Roth IRA is a smart financial move, but it's easy to get wrong. From skipping key setup steps to making costly ...

With a Roth IRA, you contribute after-tax money to the account, so you don’t get to avoid tax on your contributions, as you ...

There are plenty of good reasons to love Roth IRAs for retirement savings. First, these accounts allow you to grow your money completely tax-free. This means that if you invest $100,000, and over time ...

If you’re like Mark, Susan or Tom, your retirement and legacy goals will shape the strategy for your wealth. There’s no ...

The author and editors take ultimate responsibility for the content. You can inherit a Roth individual retirement account (IRA) and avoid a lengthy court process known as probate as long as the ...

As you map out your retirement, it is important to take advantage of tax-free growth made possible by Roth conversions.

Example: A client converts $50,000 of a traditional IRA in a low-income year, ensuring all future distributions (including from annuities in that Roth) are tax-free. Advisers can optimize RMDs ...

Roth IRAs are some of the best tax-advantaged accounts that investors can access. Although you have to pay taxes on your Roth ...