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 ...

If you withdraw money from your traditional IRA before age 59½, you will likely have to pay a 10% penalty on top of regular ...

I'm so sorry to hear this. That has to be rough. I'm going to assume all the funds in the traditional IRA are pretax. Unless an exception applies, taking any of those funds or earnings from your Roth ...

Oh boy! Did I get your attention? You say, “But Kelly! I thought all Roth IRA distributions were tax free!” I say, “Not so fast, Sparky.” This is embarrassing. I used to think like you. Then I got my ...

If you’re saving for retirement or just trying to make the most of your retirement accounts, you might be wondering: Do Roth IRAs have RMDs? It’s a great question — and the answer is a big reason why ...

When it comes to saving and investing for retirement, there aren't many better routes than utilizing retirement accounts. The most popular option is a 401(k), but it's not the only viable option. IRAs ...