If you don't have access to an employer-sponsored retirement plan, a traditional IRA is the next best thing. You will have more control over how your money is invested and managed with an IRA ...

If you plan to leave your IRA to. Skip to main content. Nasdaq+. Weekly Macro+. Scorecard. Market ... 2 Traditional IRA Quirks You Should Plan for Now March 22, 2025 — 05:33 am EDT.

Picture this: you’re 65 years old, still working and have around $400,000 saved in a traditional IRA. You’re healthy, active and don’t see yourself retiring anytime soon — maybe not until ...

For example, if you didn't contribute to your IRA in 2024, you can still stash up to $7,000 ($8,000 if you’re 50 or older) for 2024 in a traditional IRA by April 15, 2025.

If you have money in a traditional IRA that you'd like to put into a grandchild's 529 plan, you can't simply roll it over from one account into the other.Instead, you'll have to take a ...

I'm 65 with $400K in a traditional IRA. I plan to work into my 70s but I'm worried about taxes — should I convert to a Roth IRA and take the tax hit now while I'm still working? Monique Danao .

The other factor to consider for FIRE investors is that money originally invested in regular retirement accounts—traditional IRAs, and 401(k) or 403(b) plans—can be moved into a Roth IRA.

Contribute to a traditional IRA in the same year, as long as your total contribution to both your Roth and your traditional doesn’t exceed $7,000 ($8,000 if 50 or older). Contribute to a ...