Retired? Here's How to Lower Your Taxes and Keep More of Your Money
While retirement is a joyous time to relax and celebrate years of hard work, it doesn’t come without financial considerations ...
This 53-Year-Old Is Losing Money On Her $250K Roth IRA—Suze Orman Says Do This
A 53-year-old investor named Amanda recently reached out to Suze Orman on the " Women & Money " podcast with a pressing question about her $250,000 Roth IRA. Amanda's account has been losing value ...
10 IRA mistakes to avoid
The only option open to taxpayers at all income levels is a traditional nondeductible IRA, but this subjects investors to two ...
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I'm 55 With $1.2 Million in My 401(k). Should I Start Making Roth Contributions?
Building up some retirement savings in a Roth account when you already have a significant traditional 401(k) at age 55 can ...
5 ways to know if a mega backdoor Roth makes sense for you
A major factor contributing to whether the mega backdoor Roth makes sense for you is if you have the ability to save that ...
Roth IRAs are all the rage with the young crowd
ROTH IRA's are growing in popularity among younger generations who are using this retirement tool in addition to a ...
I'm 60, single, and I’m scared I'm going to blow the money in my IRA and ruin my retirement. What should I do to make sure that doesn't happen?
One of the biggest mistakes to avoid is withdrawing money early. If you take money out of your IRA before the age of 59 ½ — ...
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Should I Convert 20% of My IRA to a Roth Annually to Reduce Taxes and RMDs?
Transferring funds from a pre-tax retirement account such as an IRA to an after-tax Roth IRA is a move many retirement savers ...
10 Best Roth IRA Stocks to Buy According to Analysts
A Roth IRA, or individual retirement account, is a tax-advantaged savings plan designed for retirement. Unlike ...
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What Happens to Your Roth 401(k) After Leaving a Job
You can roll it over into an individual Roth IRA. You can take a lump-sum cash distribution. If you leave your job, you may be able tol maintain your Roth 401(k) account with your old employer. Under ...
How Roth Accounts Can Ease Your Tax Burden in Retirement
Strategic Roth IRA conversions can set you up for tax-free income in retirement and a tax-free inheritance for the people you ...
How to Open a Traditional IRA in 5 Easy Steps
Opening a traditional IRA is a fairly straightforward process involving only a few steps. Here's what you need to know to ...