Range explores how a backdoor Roth IRA works, why it’s valuable for high-net-worth households, and the specific steps and tax ...

The final step is an especially important one: Stay the course. Keep contributing to your Roth IRA each month. Don't make early withdrawals. And don't panic when the stock market declines. If you want ...

Converting your 401(k) to a Roth portfolio will allow you to entirely avoid RMDs. This is a legitimate form of tax planning.

Should you switch from pre-tax IRA contributions to Roth contributions? Imagine that you’re steadily contributing to a traditional IRA. This provides you with an annual tax deduction. However, ...

The IRS has issued proposed regulations that clarify and implement catch-up contribution changes introduced by the SECURE 2.0 Act of 2022.

With a Roth IRA, you get a tax benefit on your retirement distributions. A traditional IRA makes sense if you think your tax rate will be lower during retirement. When you’re saving for ...

Consider a Roth IRA if your tax bracket will be higher in retirement than it is today. Investing in a mix of Roth and traditional IRAs and 401(k)s can provide flexibility and security. Roth IRAs ...

One type of retirement account is a Roth IRA, which offers some flexibility and tax benefits. However, there are also contribution limits and income requirements to consider — including new ...

Below, we discuss nine important factors to keep in mind when deciding to do a Roth conversion. When you convert a traditional IRA to a Roth IRA, you will have to pay income tax on the conversion ...

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s.

Both individual retirement account (IRA) types — traditional and Roth — offer valuable retirement-planning benefits, but with different structures, income limits, and pros and cons.