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I’m in the process of transferring my 401(k) but I keep hearing about Roth IRAs – should I do that instead?
Key Points Roth IRAs offer a world of benefits over traditional retirement plans. Converting a traditional 401(k) plan to a ...
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I Used to Think a Roth IRA Was the Ultimate Retirement Account, Until I Learned These 8 Drawbacks
A Roth IRA is a powerful tool if you use it correctly, but no employer match, lower limits, and income restrictions make it a ...
3 Secrets of Roth IRA Millionaires
Seven-figure Roth accounts seem impossible given their relatively young age and contribution limits...until you hear the rest ...
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4 Reasons the Roth IRA Might be the Most Powerful Retirement Account of All Time
Saving for retirement in a tax-advantaged plan makes a lot of sense. Why not reap some IRS benefits in the course of building ...
With $715k in a Roth IRA and $3,400 Monthly Between My Pension and Social Security, Can I Retire at 64?
Retirement becomes financially feasible when projected income exceeds projected expenses. Retiring at age 64 with $715,000 in ...
Everything You Need to Know About the Pre-Tax 401(k) vs. the Roth 401(k)
The inquiry focused on contributing to a pre-tax 401(k) instead of a Roth 401(k), with the intention of investing the tax ...
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Roth IRA vs. brokerage account: What’s the difference?
Roth IRAs have tax advantages that make them useful for long-term savings goals such as retirement. Brokerage accounts have ...
Answers To Some Key Issues About IRAs, 401(k)s And Annuities
Combining annuities with IRAs or 401(k)s can be powerful. But people often don’t even consider the combination because of ...
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How to contribute more dollars to tax-sheltered Roth accounts
For high-income earners, including physicians, getting funds directly into a Roth IRA or other after-tax accounts can be a ...
Julie Jason: You can contribute to an IRA and a company 401(k)
Contribution limits are not reduced to a Roth or traditional IRA based on 401(k) participation, so maximize contributions if ...
Worried about long-lasting high inflation? A gold-backed IRA could be a good hedge
No income generation. An IRA that’s invested heavily in stocks can generate dividend income. A gold IRA can gain value over ...
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About to Turn 60 With $1M in My IRA. Should I Switch to a Roth Strategy?
Should you switch from pre-tax IRA contributions to Roth contributions? Imagine that you’re steadily contributing to a traditional IRA. This provides you with an annual tax deduction.