If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make ...

Choosing between tax timing, income limits, and flexibility can reshape how your retirement savings grow over decades.

Retirement plans such as 401(k)s and IRAs are powerhouse savings accounts, giving you a tax break either when you contribute to the account or when you withdraw your money — plus taxes are deferred ...

There are plenty of ways to minimize your tax liability and that’s especially true when you have worked hard to sock away retirement money. Tax advisors are constantly searching for new ways to avoid ...

With a Roth IRA, contributions have already been taxed and are not taxed when withdrawals are made. With a traditional IRA, contributions are not taxed until you make withdrawals. Anyone can ...

The benefits associated with traditional individual retirement accounts (IRAs) are numerous. There are tax advantages, and IRAs offer an impressive range of investment options. In addition, IRAs are ...

If you have a traditional IRA, withdrawing the money before retirement is rarely a good idea. Besides losing out on tax-deferred growth, you'll owe a 10-percent early-withdrawal penalty if you're ...

The decision of whether to save for retirement through a Roth IRA or through a traditional IRA is a complex matter that can have significant financial implications in both the short term and the long ...