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

Trump accounts, a proposed tax-advantaged investing account for parents, have gotten a makeover in the Senate version of the ...

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

An IRA portfolio is not limited to US stock markets, Bonds and Gold. For those wishing to increase the resilience and growth ...

Traditional IRA. In the case of a traditional IRA, there is no income limit to be able to contribute. Whether you earn $25,000 per year or $250,000, you can contribute to a traditional IRA.

So if a 40-year-old puts $4,000 into a Roth IRA, he can only stash $3,000 in a traditional IRA. If you put in more than the annual limit, you may have to pay a 6% excessive-contribution penalty to ...

Traditional IRAs: Anyone can contribute regardless of how much money they earn. Roth IRAs: There are income limits that restrict high-earners from opening and contributing directly to a Roth IRA.

I have $1 million in my IRA. Once I reach 73 years of age what are the withdrawal requirements? I retired five years ago with ...

When deciding between a Roth IRA vs. traditional IRA, remember that both types of accounts are great tools for building a nest egg — if you know how to use them.

Understand the consequences of withdrawing money from a 401(k) or IRA retirement account for emergencies and create a plan to ...