Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

It's not an easy thing to build up a nice balance in a Roth IRA. Doing so takes time and, in many cases, a savvy investment ...

The Roth IRA, named after the late Delaware Sen. William Roth, became a savings option in 1998, followed by the Roth 401(k) in 2006. Creating a tax-free stream of income is a powerful retirement tool.

Income limits also exist to determine eligibility for tax deductions (Traditional IRA) or to contribute to a Roth IRA. These ...

A Roth IRA is a retirement account invested in the market where you pay taxes upfront by contributing after-tax dollars, and later in retirement, your withdrawals are tax-free ...

Discover what a backdoor Roth IRA is and how it works, how to set one up, the rules you must follow, and when a backdoor IRA might not be the right choice for you.

Saving for retirement can be very difficult for married spouses who stay home to care for family or otherwise have little ...

While rolling a 401(k) account into an IRA is a logical decision, finance experts point out some of the drawbacks to making ...

With an IRA, you have to actively send money into your account each month, unless you're able to set up an automatic transfer. That could make it harder to stay consistent. What is a Roth IRA?