I encouraged my wife to take a $40,000 Roth conversion in a lower tax year. Even though she has another Roth IRA at a different broker, she was encouraged to keep the money where she already had her ...

Americans with a Roth IRA, or individual retirement account, and who plan to retire abroad may want to consider some risks.

A custodial Roth IRA is a retirement account for minors that allows for tax-free growth. It provides all the benefits of a regular Roth IRA, but it’s geared toward kids and requires an adult to set up ...

Michele Pevide / Getty Images There are a number of reasons to consider a Roth individual retirement account (IRA) rollover, which moves funds from an existing traditional IRA (or another ...

The real advantage comes when these after-tax contributions are rolled over into a Roth IRA or Roth 401(k), where they can grow tax-free. This is a way for high earners to continue building ...

That was the statement someone made when they called ... We suggested he look at a plan for converting his tax-deferred money into a Roth IRA over time instead of all at once.

Roth IRA contributions can be withdrawn anytime without taxes or penalties. Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion.

Jacqueline DeMarco is a writer who specializes in financial topics. Her first job out of college was in the financial industry and it was there she gained a passion for helping others understand ...

You could put your money into a traditional IRA for the up-front benefit of tax-free contributions. That’s something a Roth IRA won’t give you, since Roth IRAs are funded with after-tax dollars.

A man calculates how much you'll pay in income taxes when he converts his traditional IRA into a Roth IRA. There’s no way to entirely avoid paying income taxes when you convert a traditional IRA ...

Two of the most common types of IRAs are traditional and Roth. When considering opening an IRA, most people will compare the two. Traditional and Roth IRAs have different tax benefits, income ...