Plan for your future and learn about a Roth individual retirement account (IRA) and its contribution limits. Decide if it's the right account for you.

Contributions to a traditional IRA are often tax-deductible, with some exceptions based on income limits and retirement-plan coverage at work. This reduces your taxable income for the year you make ...

IRS data show that about a third of Roth IRA contributors reach the annual limit, with average contributions generally climbing with age.

Unlike with traditional IRAs, Roths do not provide tax savings, so anyone converting such funds to a Roth must pay federal income taxes on the amount converted.

Use our free Roth IRA calculator to see how much you can contribute this year and get an estimate of your potential retirement balance. Many, or all, of the products featured on this page are from our ...

If you have a traditional individual retirement account, or IRA, you can put money into it for the previous year right up to Tax Day.

Maximizing contributions to the Roth IRA and investing primarily in equities is a wise idea for a young, new investor. Investing in index funds or Berkshire Hathaway are a wise idea to set one’s ...

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

Many farmers may imagine a scenario where they keep working until their dying breaths. While that may be possible, it is prudent to have other income and a backup plan if needed. Additionally, there ...