Both a Roth IRA and a 529 Plan are valid ways to save for a college education. Each has unique benefits and limitations. Starting in 2024, unused funds in a 529 account may be converted into a Roth ...

Key takeaways IRAs are a tax-advantaged way to save for your future. You can open an account even if you’re also investing ...

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. Check Out: Dave Ramsey — ...

It's always nice to get money stashed in a Roth Individual Retirement Account. These vehicles are the holy grail of tax-wise planning. Once the money is inside a Roth, it grows tax-sheltered, and ...

A Roth IRA is one of the most powerful tools for building a tax-free retirement. Unlike traditional retirement accounts, Roth IRAs allow you to withdraw your earnings tax-free in retirement, making ...

Everyone knows it’s important to save for retirement. And yet there are lots of people who don’t have a single dollar saved for when they stop working. Why? The reason may be as simple as they don't ...

Any money you move from a traditional IRA to a Roth IRA is treated as ordinary income. That's why you should make these ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Saving for retirement in a tax-advantaged plan makes a ...

seems to be a simple decision. However, as with most things financial, estate planning is not as simple as it is often portrayed. Below are three tidbits to keep in mind when planning for the ...

The suspense is finally over. On Nov. 1, the IRS released the 2025 contribution limits for retirement accounts, including Roth IRAs. Now is the perfect time to plan ahead and set yourself up to crush ...

I appreciate the feedback I received on my article Is Your Roth IRA Distribution Taxable? As promised, I will address some of the questions you submitted about the taxability of Roth IRA distributions ...

If you want to make a regular Roth IRA contribution but are disqualified because your income is too high, you can circumvent the income limit by using the backdoor contribution strategy. The backdoor ...