Because of our income bracket – we make over $350,000 per year – we cannot contribute to a Roth anymore. We're 61 and 62, and ...

Roth IRAs are funded with after-tax dollars. Earned income is the key to this question, and the eligibility rule applies ...

Learn the updated 2025 backdoor Roth IRA strategy step‑by‑step—from contribution limits and MAGI thresholds to tax filing and avoiding pro‑rata rule traps.

Retirement planning can feel like solving a jigsaw puzzle, especially for high-income households. If you're earning too much to qualify for a Roth IRA directly, you might assume that the Roth IRA's ...

The decision of whether to save for retirement through a Roth IRA or through a traditional IRA is a complex matter that can have significant financial implications in both the short term and the long ...

With a Roth IRA, you contribute after-tax dollars, so there is no tax deduction when you put money in. The benefit comes later because your investments grow tax-free and qualified withdrawals in ...

Backdoor Roths and mega backdoor Roths are strategies used by high earners who aren’t eligible to contribute to Roth IRAs due to the income limits. The backdoor Roth and mega backdoor Roth strategies ...

The IRS has announced updates to the income phase-out ranges for IRA contributions in 2025, affecting eligibility for both traditional and Roth IRAs. As prices increase, these changes help keep ...

You will be asked about and likely will recommend Roth IRAs in your financial advising practice. To best help your clients, here are the questions you should be prepared to answer about Roth IRAs.