A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer ...

Forbes contributors publish independent expert analyses and insights. Empowering smarter money moves. For retirement savers, particularly those older than 50, you should evaluate ways to reach the ...

Carol explained that she had rolled a 401(k) from a former job into a traditional IRA. Later, she began contributing to that IRA with after-tax money — without realizing that, unlike a Roth IRA, she ...

The decision of whether to save for retirement through a Roth IRA or through a traditional IRA is a complex matter that can have significant financial implications in both the short term and the long ...

As the April 15 tax deadline approaches, it’s essential to understand the benefits and differences between Health Savings Accounts, Traditional Individual Retirement Accounts, and Roth IRAs. Each ...

Since you pay taxes upfront, Roths can give you a more accurate value of your retirement savings. Because Roths don’t have required minimum distributions, the money in the account can grow tax-free ...

Investing in a Roth IRA can be a smart way to save for retirement, but enjoying the tax benefits of a Roth generally takes some patience. That’s because you fund these accounts with after-tax ...

A backdoor Roth IRA is a strategy that allows high-income earners to bypass the ordinary income limits on Roth contributions and get money into a Roth IRA account. The strategy is called a “backdoor” ...

If you want to make a second Roth IRA contribution within a single year, you still have time — as long as you make the second contribution before Tax Day: April 15. This might be a good idea if you ...

Tax season is the perfect time to review your Roth IRA contribution strategy. While Roth IRAs offer incredible tax advantages, they come with specific rules that can trip up even savvy investors.

“You can make two Roth IRA contributions in one calendar year and maximize your retirement savings potential,” said Nancy Gates, lead educator at Boldin, a financial planning platform. “This is ...