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

There are two 5-year rules: One for contributions and the other for conversions. A subset of rules exists, based on your age. It’s important to know which qualified expenses allow you to withdraw ...

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

I was the beneficiary of my late wife’s IRA and 401 (k) — but I want our kids to get the cash. Do I still have to take ...

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 ...

Learn about qualified distributions from retirement accounts, IRS rules, tax implications, and how to maximize your tax benefits while avoiding penalties.

The only potential "catch" with a Roth is that you must qualify to fund one, and higher earners might not. Other than that, ...

The retirement industry can still make big strides to help participants realize tax-advantaged strategies when taking plan ...

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 ...

Money in a Roth IRA can be withdrawn tax-free after you reach retirement age. The 401(k) has a much higher contribution limit, and often an employer match. Both accounts offer benefits that make them ...

For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...