With a Roth IRA, you contribute after-tax dollars, so there is no tax deduction when you put money in. The benefit comes later because your investments grow tax-free and qualified withdrawals in ...

Learn how to identify excess IRA contributions and the steps to fix them, avoid penalties, and manage your retirement savings ...

I encouraged my wife to take a $40,000 Roth conversion in a lower tax year. Even though she has another Roth IRA at a ...

Inherited Roth IRAs present unique challenges and opportunities for beneficiaries, differing significantly from standard Roth ...

Explore your options as a Roth IRA beneficiary, from spousal transfers to required withdrawals, depending on your relationship to the original account holder.

Roth IRAs have been around for more than 20 years, and many people may have forgotten or never learned about how valuable they can be. Even small contributions over time can translate into a ...

Converting to a backdoor Roth IRA via an IRS "loophole" is an estate planning tool that gives heirs tax-free income in ...

FILE -- Shelves of a limestone bedrock shoreline appear like steps into Lake Huron, seen in a 2018 drone photo. A lake and forest lie further inland on Drummond Island. Read full article: 5 things ...

The Internal Revenue Service (IRS) recently updated its rules concerning individual retirement accounts (IRAs) for 2025. The annual contribution limits will remain the same this year, as detailed ...

Some older Americans will see a change in how they can make 401(k) catch-up contributions next year. Is there a catch?