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 conversions can offer significant tax benefits, but they are not the right choice for everyone. Before deciding to convert your traditional IRA to a Roth, it’s essential to consider the potential ...

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 ...

Even if you have already chosen an account for retirement savings, that doesn’t necessarily mean you can’t change your mind about it later. In fact, this is not at all uncommon — and many people see ...

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 ...

In 2025, a record 4.18 million Americans will turn 65. For those planning to retire soon, an important question arises: Does converting retirement savings from a tax-deferred account to a Roth IRA ...

EDITOR’S NOTE: Over the next three months, Donna Skeels Cygan will look at the pros and cons of Roth conversions. Roth IRAs and Roth conversions offer many benefits for investors. But they are not for ...

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 ...