Roth conversions increase current-year taxable income, but they allow clients to keep more of their money long-term. If they don’t convert, clients (or their heirs) will have to pay taxes on the IRA ...

Converting retirement funds to a Roth is a smart strategy for many, but the older you are, the less time you have to recover ...

That can be a big deal if your account grows to a hefty size by retirement. And IRAs can grow to hefty sizes -- Warren Buffett's investing lieutenant Ted Weschler grew his to $264 million! Most of us ...

The backdoor Roth allows high-income savers who can’t make a direct Roth IRA contribution to nonetheless get some funds into a Roth IRA. High-income savers want to maximize contributions to their ...

Beginning to save for retirement early on makes a big difference in financial security later in life. Read on to learn how custodial Roth IRAs can teach young people important money skills, helping ...

The IRA is a cornerstone for many, allowing you to build a nest egg with investments that fit your risk profile. You pick the financial institution; you manage the investments. In other words, it’s ...

A Roth IRA is one of the most powerful tools for building a tax-free retirement. Unlike traditional retirement accounts, Roth IRAs allow you to withdraw your earnings tax-free in retirement, making ...

For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...

When it comes to saving for retirement, the Roth and traditional IRA are like two sides of the same coin. Both offer powerful ways to grow your savings, but they come with distinct tax advantages — ...

Self-directed individual retirement accounts (SDIRAs) are traditional or Roth IRAs with expanded investment options.

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Figuring out the details of investment accounts is challenging. If you've ever found yourself wondering what is a Roth IRA and how it works, let's get into it.