Contributions to a Roth IRA can be withdrawn penalty-free to open a 529 plan. 529 plans allow contributions to grow tax-free and provide tax-free distributions for qualified education expenses.

Setting up a Dividend Reinvestment Plan (DRIP) on Vanguard allows investors to automatically reinvest dividends earned from ...

Therefore, a Roth IRA provides a "much longer runway for tax-free investing," said certified financial planner Thomas Scanlon ...

Whether your goal is early retirement or lifelong financial freedom, here are six steps to help you create your forever portfolio, including choosing the right investment account, hiring a financial ...

Figuring out the details of investment accounts is challenging. If you've ever found yourself wondering what is a Roth IRA ...

Elon Musk’s SpaceX made a surprise appearance at the Super Bowl. T-Mobile will use Starlink, SpaceX’s space-based Wi-Fi ...

A custodial Roth IRA is a retirement account for minors that allows for tax-free growth. It provides all the benefits of a regular Roth IRA, but it’s geared toward kids and requires an adult to set up ...

Americans with a Roth IRA, or individual retirement account, and who plan to retire abroad may want to consider some risks. With a Roth IRA, you can make after-tax contributions and tax-free ...

Of course, the key to that no-car-payment life is taking care of the vehicle’s fluids and basic mechanics to make sure that ...

Over the years, you may have seen advice in the financial media about the "60/40 portfolio," which consists of 60% stocks and 40% bonds. This type of portfolio can be put together without too much ...

Paying taxes is a drag no matter how old you are. But when you’re retired, taxes can be even more of a problem than during ...

The SECURE 2.0 Act of 2022 has requirements that start this year, including new 401(k) plans having automatic enrollment and ...