For example, if you invest $1,000 in a stock ETF today, and your investment climbs to $5,000 in retirement thanks to the ...

There are different types of IRAs, the most common being a traditional one, in which contributions may be tax-deductible, and a Roth IRA, a personal savings plan where contributions are not ...

As a new mom, planning for my daughter’s future is top of mind. Before opening a savings or brokerage account, I asked ...

Current reports that new grads face a tough job market but can improve finances by building credit, saving, and opening ...

However, we need to keep in mind that longevity will also be filled with unexpected twists and turns. We will be forced to ...

Saving early for retirement is the key. According to experts, if you’re 50, you should save at least 3.5 to 5.5 times your ...

Winning a life-changing amount of money in the lottery, whether it’s six figures on a scratch-off ticket or millions in the ...

Roth IRAs can be an attractive addition to your portfolio, but boy, are they surrounded by rules and regulations. It's easy ...

My good friend Bob from Munster had a question I thought merited visiting in the column. Bob’s question involved a topic we are dealing with more and more often in ...

Roth IRA conversions have long been a go-to strategy for managing long-term tax liability. By moving funds from a traditional IRA to a Roth IRA — triggering ordinary income tax in the year of ...

Some heirs are considered "eligible designated beneficiaries," and the 10-year rule does not apply to them. These include ...

What to consider when choosing between a Roth IRA and a 401(k). There's no rule saying you can't invest in both.