The Roth IRA (Individual Retirement Account) is a tax-advantaged tool for retirement savings and investment. Contributions to a Roth IRA are made with after-tax dollars, offering the benefit of ...

Roth conversions move pretax or nondeductible IRA funds to a Roth IRA ... but a larger jump from 24% to 32%, Guarino explained. Ideally, you will want a conversion that keeps you comfortably ...

Michele Pevide / Getty Images There are a number of reasons to consider a Roth individual retirement account (IRA) rollover, which moves funds from an existing traditional IRA (or another ...

You could put your money into a traditional IRA for the up-front benefit of tax-free contributions. That’s something a Roth IRA won’t give you, since Roth IRAs are funded with after-tax dollars.

Roth IRA conversions let you turn tax-deferred savings into Roth, incurring taxes now for tax-free withdrawals later. No limit exists on the amount you can convert per year, but large sums might ...

Roth IRAs can provide significant tax benefits to young people. If you’re nearing the end of your career, you may be wondering if a Roth IRA is still a wise addition to your portfolio.

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Types of IRA accounts With Roth IRAs, you fund the account with after-tax earnings. This allows the money to grow tax-free, and you'll pay no additional taxes upon withdrawal. They're a good ...

In a traditional Gold IRA, your investment grows tax-deferred, meaning you won't pay taxes on earnings until you withdraw funds. Roth Gold IRAs allow for tax-free withdrawals, as contributions are ...

One tool that seems to surface more and more in our daily quest to help clients is the Roth IRA conversion. Many of our clients benefit from the tax-free growth and withdrawals they receive during ...

To illustrate: You might not have been able to contribute to a Roth IRA during your working years due to your income level, but you may get that opportunity as you near retirement, or even when ...