Unlike employer-based 401(k)s, people set up individual retirement accounts (IRAs) for themselves. But similarly to workplace retirement accounts, traditional IRAs are funded with deductible pre-tax ...

Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...

Setting up a Roth IRA is easy. Make your monthly Roth IRA contributions automatic, and reinvest any dividends received. Importantly, stay the course and don't withdraw any money early. Can you become ...

When it comes to retirement planning, the best strategy is uniquely different for every person and the process can be confusing. That’s why there are so many financial planners out there. However, ...

Roth individual retirement accounts offer the enticing benefits of tax-free growth and the ability to make withdrawals during retirement when certain conditions are met. 1 But prior to this year, ...

On January 1, 2010, clients who were previously unable to convert their retirement accounts into Roth IRAs will be allowed to do so thanks to the Pension Protection Act of 2006. But many clients don’t ...

A Roth IRA conversion is when you move your traditional individual retirement account (IRA) funds to a Roth IRA account. This allows your money to grow tax-free, and you can also access your Roth IRA ...

Can you become a millionaire retiree? The answer is a resounding "yes" for many Americans. And the Roth IRA provides a great vehicle for making it happen. If you want to build a Roth IRA ...