The only potential "catch" with a Roth is that you must qualify to fund one, and higher earners might not. Other than that, they're the same in that both kinds of retirement accounts allow for ...

Should I Switch to Roth Contributions? Whether to make the move from contributing to a tax-deferred workplace plan or switch ...

The IRS just raised the 401(k) limit for 2026, giving workers more room to save and cut their tax bill next year.

Unless, that is, you already have money in a deductible IRA — which you certainly will if you roll over your former employer’s 401 (k) into an IRA. In that case, your tax bill will be based on the ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. MoMo Productions / Getty Images The average 401(k) balance for ...

The IRS raised 2026 contribution limits for 401(k)s to $24,500 and IRAs to $7,500, giving you more room to save while cutting ...

This says that you must wait until the converted funds have been in your Roth IRA for at least five years before you can ...

The higher caps will further boost the nearly $50 trillion already sitting in workplace 401 (k) accounts, IRAs and the like, ...

A Roth IRA is an individual retirement account that you fund with after-tax dollars. While you don't get a tax break now, your contributions and investment earnings grow tax-free.

Getting married is a major life milestone that brings new opportunities—and new responsibilities—for your finances. If you’re newly married or planning to tie the knot, it’s important to understand ...

Roth conversions, if done right, can lower your tax bill over your lifetime. But be careful. Roth conversions pose traps, and the unwary can easily get caught. Here are eight factors to consider in ...

Marc Rogers, Founder/CEO of Producers Prospect, is a financial advisor, coach and industry leader with over 20 years of experience. Saving for retirement is like climbing Mount Everest. The ascent ...