One nice thing about Roth IRAs, as opposed to traditional IRAs, is that you're not forced to take required minimum ...

Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

The greatest advantage of opening an early retirement account (IRA) is the power of compound interest. When you invest money, ...

Shannon Liu Shair started 529s for each of her two kids when they were born and both accounts have grown to $100,000.

Turning 30 often triggers a financial gut check. Whether you're ahead of the curve or just getting started, it's a perfect ...

Help your teen build lifelong financial security. Learn how a Roth IRA offers early tax-free growth and financial flexibility ...

1. Make sure you're eligible to open a Roth IRA The first step in opening a Roth IRA is determining if you’re eligible. To be eligible for a Roth IRA, you’ll need to have earned income, and ...

A 529 savings plan can be used to pay for your child's education, but it can also be used to fund their retirement.

"What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost our retirement ...

Dear Savvy Senior, What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost ...