Learn how to identify excess IRA contributions and the steps to fix them, avoid penalties, and manage your retirement savings ...

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 ...

Roth retirement accounts are funded with money you’ve already paid taxes on. While they offer no immediate tax benefit, ...

Carol explained that she had rolled a 401(k) from a former job into a traditional IRA. Later, she began contributing to that IRA with after-tax money — without realizing that, unlike a Roth IRA, she ...

Choosing between Roth and pre-tax contributions for retirement savings depends on how each impacts your taxes now and in retirement. Roth contributions are made with after-tax dollars, so both ...

Saving for retirement is important, but so is finding the right retirement account. You want something that fits your needs. While there are different retirement vehicles out there to build a nest egg ...

Reaching a $2 million retirement fund is a goal that requires strategic planning and disciplined savings. The amount you need ...

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 ...

Retirement planners often debate whether to max out a 401(k) or prioritize a Roth IRA. A mathematical analysis reveals that, contrary to popular advice, maxing out a 401(k) before investing in a Roth ...