A Roth IRA is an individual retirement account that you fund with after-tax dollars. While you don't get a tax break now, your contributions and investment earnings grow tax-free.

Retirement planning is a lot like hiking. Both take planning, both have a destination and both rely on the right tools to reach a goal. When you’re on the road to retirement, one of those tools might ...

This says that you must wait until the converted funds have been in your Roth IRA for at least five years before you can ...

Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...

Imagine you’re 65 with $1.2 million in an IRA and a lingering question: should you convert your account into a Roth IRA? The ...

Financial expert Suze Orman is urging Americans not to wait when it comes to opening a Roth IRA. Even if you only have a single dollar to contribute, she says in a recent episode of her "Women & Money ...

The only potential "catch" with a Roth is that you must qualify to fund one, and higher earners might not. Other than that, ...

Discover the tax benefits and withdrawal flexibility of Roth IRAs for retirees, including contributions, tax-free earnings, and strategies for passing wealth to heirs.

A 42-year-old Redditor is trying to decide whether to redirect some 401(k) contributions to a Roth IRA. The poster isn’t sure if making the switch will benefit him since he has been investing in his ...

Once you turn 59 1/2, you can take Roth IRA withdrawals without a penalty. And technically, you can take penalty-free Roth IRA withdrawals before 59 1/2 as long as you only touch the principal portion ...

Retirement planning can feel like solving a jigsaw puzzle, especially for high-income households. If you’re earning too much to qualify for a Roth IRA directly, you might assume that the Roth IRA’s ...