Required minimum distributions (RMDs) from pre-tax retirement accounts can have a number of unintended consequences. These ...

At age 55 with $900,000 in a traditional individual retirement account (IRA), converting $100,000 per year to a Roth IRA ...

Roth IRAs, on the other hand, do not offer a tax break on contributions. Instead, they offer tax-free gains and withdrawals, ...

The distribution rules for beneficiaries can get complicated and depend on two key factors: Your relationship to the original account owner: The IRS lets you treat a Roth IRA from a spouse as if ...

If you have a Roth IRA retirement account, though, it can be used as a source of funds for that all-important part of the ...

Withdrawing converted funds early could incur a 10% penalty. The rules governing the early withdrawal of funds in a converted Roth IRA can be confusing. There are exceptions to the tax and penalty ...

If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...

Inherited Roth IRAs do not inherit the same contribution and withdrawal rules as the original retirement account, however. They have their own set of sometimes complex rules that depend on many ...

While Roth IRAs offer incredible tax advantages, they come with specific rules that can trip up even savvy investors. After all, the humble Roth IRA is one of your most powerful retirement savings ...

Traditional and Roth IRAs have different tax benefits, income eligibility, and withdrawal rules. Here is how traditional and Roth IRAs compare and how to determine which is right for you.

The rules are slightly different for Roth IRA conversions. “As opposed to waiting five years after your initial contribution to any Roth IRA, each conversion has its own five-year waiting period ...