Both a Roth IRA and a 529 Plan are valid ways to save for a college education. Each has unique benefits and limitations. Starting in 2024, unused funds in a 529 account may be converted into a Roth ...

RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...

One Big Beautiful Bill' makes 529 plans more flexible, some skeptics say the education savings plans still may not be ...

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

Roth IRAs have their benefits -- but also a big drawback. So I'd encourage you to look at other savings plans instead.

The most important strategy for saving for children's college funds is to set up an automatic savings plan as soon as ...

A 401 (k) is one of the most common tax-advantaged retirement accounts, typically offered through large or midsize employers.

Don't let your retirement portfolio drift rudderless. Even the best investment plans need regular adjustments. That's where ...

For example, you can contribute the full amount to a Roth IRA if your income is under $146,000, and make reduced contributions until your income exceeds $161,000. The maximum contribution limit ...

Both Roth thrift savings plans (TSPs) and Roth individual retirement accounts (IRAs) can offer significant tax advantages and the potential for tax-free growth, but they cater to different needs ...

If you can save some of your graduation cash, a Roth IRA offers a unique chance to grow your money 100% tax-free for ...