The traditional IRA is one of the best options in the retirement-savings toolbox. You can open a traditional IRA at a bank or a brokerage, and the universe of investments is wide open to you.

Taking withdrawals from an IRA before you're retired is something you should do only as a last resort. There are a few reasons why. If you withdraw money from a traditional IRA before you turn 59 ...

If you have a traditional IRA, you must take required minimum distributions starting in the year you turn 70 ½. The amount of the distribution depends on how much you have saved in the account ...

If you're ready to start investing for retirement, an IRA may be one of the best tools out there to maximize your money and minimize your tax burden. Many, or all, of the products featured on this ...

Roth IRAs are a smart way to save for retirement and avoid high tax bills later in life by contributing to one of the best Roth IRA accounts in tandem with other retirement savings vehicles ...

A self-directed SIMPLE IRA functions as a retirement plan that allows participants to invest in a broader range of assets compared to traditional SIMPLE IRAs. Employers and employees can access ...

When you convert funds from a traditional IRA or 401(k) to a Roth IRA, you’re essentially converting pre-tax dollars to after-tax dollars. This conversion triggers a taxable event, meaning you ...

Compliance with IRS rules and strict avoidance of prohibited transactions are crucial for self-directed IRA investors. Self-directed IRAs offer diverse investment options like real estate ...

Find out if you can reduce your debt with these 3 steps First things first, let’s get the basics down pat. A Backdoor Roth ...

The table below explains some must-know terms about IRA RMDs for an account you've inherited. Term What It Means Eligible designated beneficiary Eligible designated beneficiaries include the ...

Roths are the youngsters of the retirement savings world. The Roth IRA, named after the late Delaware Sen. William Roth, became a savings option in 1998, followed by the Roth 401(k) in 2006.