When would a Roth IRA be a better choice than using a 529 account? Here’s what you need to know to make that decision. A 529 account is a special type of savings plan designed to help pay for ...

Roth IRAs aren't subject to required minimum distributions. High earners have workarounds that allow them to also contribute ...

Q: Everyone talks about Roth IRAs and how beneficial they are. But I am self-employed, my husband contributes 16 percent toward his 401(k), our house is paid off, and we no longer have dependents to ...

A Roth IRA and traditional IRA both have the same goal: to help you save for retirement and ensure you don’t spend your golden years struggling to make ends meet. The key difference between a Roth and ...

There are two basic types of IRAs most Americans can choose from -- traditional or Roth. The basic difference is the tax structure of each. Traditional IRA contributions may be tax-deductible, but ...

One of the positive features of the SECURE Act, passed in 2019, was that it eliminated the restriction that if you had reached age 70 ½, you could no longer make IRA contributions. So, if you have ...

An IRA CD is an individual retirement account that holds certificates of deposit. Everyone from financial behemoths like Fidelity and Vanguard to your local bank or credit union offers IRA CDs. Let’s ...

If you’re saving for a college fund, you may have considered putting that money into your Roth IRA. The question is whether this is a good idea and if it will save you money. When would a Roth IRA be ...