One Reddit user is in this situation. The poster has indicated being on track with her husband to retire at the very young ...

Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

You can take contributions out of a Roth IRA, but there are caveats depending on if the transaction is subject to the Roth ...

Raymond P. asks Money Talks News: “I did my first IRA Roth Conversion in December 2023. In terms of the 5-year rule, I know the IRS considers the conversion date to be 1/1/23 for my conversion, so I ...

Here, we'll compare the two and help you determine which one best meets your needs. The best features of a Roth IRA Each ...

We have already received many questions from readers on topics related to Roth IRA conversions, inherited IRAs and more. We’ll answer some of these in a future Ask the Editor round-up.

Some bureaus treat HELOCs of a certain size like installment loans rather than revolving lines of credit. This means borrowing 100% of your HELOC limit may not have the same negative effect as ...

One of the most important things you can do for your retirement is save consistently for it. You should expect to need money on top of what Social Security pays you. And the larger a nest egg you brin ...

Whether you are considering a new Roth 403 (b) option or weighing a Roth IRA conversion, these decisions must be approached thoughtfully. Evaluate your tax brackets, market conditions, available cash ...

Roth IRA Once you’ve secured every dollar of that attractive employer match, you can then consider pivoting your strategy to the Roth IRA. For a 24-year-old, the Roth IRA’s allure is apparent ...

IRAs have contribution and income limits to ensure that they're not used by the wealthy as bloated tax shelters. For 2025, traditional and Roth IRA contributions are capped at $7,000 with a $1,000 ...