Prepaying income tax on a retirement account might be a good idea. Or it could be a really bad idea. Read this before pulling ...

Many American workers planning for retirement start by deciding which investments they plan to use — and these often include ...

Before you open a retirement account, you should know the disadvantages of Roth IRAs, including income limits. Learn about the drawbacks of Roth IRAs.

Choosing between Roth and pre-tax contributions for retirement savings depends on how each impacts your taxes now and in retirement. Roth contributions are made with after-tax dollars, so both ...

A Roth conversion transfers money from your tax-deferred account —401(k) or traditional IRA — into a Roth IRA, paying the tax on the amount transferred all at once. Since futu ...

Nearly a quarter of U.S. households own a Roth IRA, yet they account for just 10% of the $13.6 trillion in total individual ...

Mega Backdoor Roths can help supercharge your retirement savings. Here's what you need to know about eligibility, ...

Learn how contributing after-tax funds to a Roth has advantages in retirement Andrew Martins is an award-winning journalist who has performed thousands of hours of research on small business ...

Roth IRAs are individual retirement accounts (IRAs) that allow workers to save money for retirement using after-tax dollars. This means taxes are paid on the contributions before they are placed ...

Roth 403(b) plans use after-tax contributions for tax-free retirement withdrawals. Roth 403(b)s offer identical contribution limits to 401(k)s, increasing once you're 50. Investing in a Roth 403(b ...

The backdoor Roth generally starts with an after-tax contribution to a traditional IRA, followed by a conversion to a Roth IRA. First, you make an after-tax contribution to a traditional IRA ...

A Roth IRA offers flexibility and tax benefits, but also contribution limits and income requirements to consider. Here’s what to know about this retirement account, including how it works and the tax ...