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

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

Rounding out this trio is arguably the most versatile option of all – the Roth IRA. Introduced under the Taxpayer Relief Act ...

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 ...

and will even improve the after-tax value of your estate. The problem is that, as you close in on retirement, a Roth conversion can get very expensive. You will pay quite a lot of up-front ...

A Roth Individual Retirement Account (IRA) is an advantageous retirement savings vehicle that allows individuals to contribute after-tax dollars, which can then grow tax-free, leading to ...

Many Roth conversions that look good on paper are in fact losing propositions. That's the implication of an article published in the September issue of the Journal of Financial Planning.

A Roth IRA is a pre-tax retirement account that’s funded with ... withdrawals when you hit age 73 (or 75 for people who turn 74 after Dec. 31, 2032). As a result, you won’t have to worry ...

There are a couple of weeks left in 2024. That gives you a little time to do any number of things that can reduce your taxes and boost your bottom line for this year.

Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion. Roth IRA earnings are tax-free after age 59 1/2 and a five-year holding period.

Three new productions will begin filming in Utah after receiving a tax incentive to film in the Beehive State, including a ...

I want to give $50,000 to my adult daughter as she has nothing saved for retirement. I want her to open a brokerage account. She can save for about 27 years until retirement. She is single and has a ...