IRA conversion: traditional accounts to Roth . If you have a traditional IRA, converting it could be a simple matter of ...

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a traditional IRA instead and then convert it to a Roth. While you can only ...

Converting a 401(k) to a Roth IRA can potentially provide valuable long-term benefits, but it also triggers a tax bill that ...

For 2025, single filers must have a modified adjusted gross income (MAGI) of less than $150,000 to contribute the Roth IRA maximum of $7,000, or $8,000 for those age 50 or older. For married couples, ...

It’s an unfortunate thing that many people enter retirement with little to no money in savings. But in this Reddit post, we ...

When stocks fall, it can be a good time to get money out of tax-deferred accounts to avoid a ticking tax time bomb.

Why a Roth IRA makes sense: With a pre-tax retirement plan like a traditional IRA or 401(k), you don't pay taxes on money contributed or earned until you withdraw it. A Roth IRA is different.

You can start taking money from your 401 (k) penalty-free at age 59 ½. So you shouldn't be penalized if you are 60 and ...

James McWhinney is a long-tenured Investopedia contributor and an expert on personal finance and investing. With over 25 years of experience as a full-time communications professional, James ...

Under the Employee Retirement Income Security Act (ERISA), your 401 (k) funds are typically protected from creditors and ...

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Old 401(k)s are a little like the old clothes in the back of your closet. You know you should do something about them, but there they sit, mostly out of sight and mind.