There used to be what you might call “backsies” or a “do-over” on converting money from a traditional IRA to a Roth. You ...

If you’re contributing to a Roth IRA, you’re already ahead of the game. Roth IRAs are a retirement saver’s dream. These ...

My Oak Partners practice is a useful source of inspiration for the column, serving such a wide variety of investors and families with unique planning needs, I figure if I ...

A Roth IRA can be a great way to save for retirement, as the accounts have no required minimum distributions and you can ...

Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...

Not all money in a Roth Thrift Savings Plan account is automatically tax-free, and there are several things to consider before making a withdrawal to avoid tax and other penalties.

Here, we'll compare the two and help you determine which one best meets your needs. The best features of a Roth IRA Each ...

Mega Backdoor Roth IRA – If your 401 (k) plan allows for after-tax contributions, you may be eligible for a Mega Backdoor Roth strategy. Charitable Giving – Strategic donations can reduce your ...

Learn how to use the backdoor Roth IRA strategy to contribute to a Roth IRA even if you exceed income limits. This guide covers eligibility, the conversion process, tax implications and benefits.

However, non-spouse beneficiaries who inherit Roth IRAs must follow IRS distribution rules and take RMDs. In some cases, heirs must withdraw all the Roth IRA funds within 10 years of the account ...

For example, a Roth IRA consisting of 60% stocks and 40% bonds is likely to return more than a Roth consisting of 40% stocks and 60% bonds. That’s because stocks are riskier assets than bonds ...

Here’s a vivid example of how a Roth account can pay off: Peter Thiel, a founder of PayPal, famously (or infamously) leveraged a Roth IRA to grow a four-figure retirement fund into $5 billion ...