The 529 plan must be open for at least 15 years. You cannot convert 529 contributions made within the past five years (or the ...

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 ...

Discover smart investments for Roth IRAs, avoid prohibited transactions, and understand contribution limits for optimizing your retirement savings.

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 ...

Simply go to your preferences page and select the ✓ box for Young and the Invested. Once you've made this update, you'll see ...

If the complexity of the Roth vs. traditional IRA decision is preventing you from opening an account, just know that simply ...

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 ...

Since you pay taxes upfront, Roths can give you a more accurate value of your retirement savings. Because Roths don’t have required minimum distributions, the money in the account can grow tax-free ...

The firm’s retirement head says its plan sponsor clients are ready for implementation, but participants can use more information. The “Rothification” of retirement savings will gain steam in 2024, as ...

This article, the second of a three-part series on how to implement an effective backdoor Roth strategy, was written by guest contributors Steven Jarvis, CPA, MBA, and Matthew Jarvis, CFP. Continuing ...

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 ...