The taxes owed depend on your age, the type of account, and more ...

With a Roth IRA, you contribute after-tax dollars, so there is no tax deduction when you put money in. The benefit comes later because your investments grow tax-free and qualified withdrawals in ...

Early withdrawals from a traditional IRA will result in a 10% penalty and taxes owed on the withdrawn amount. You can withdraw contributions, but not earnings, from a Roth IRA at any time without ...

When it comes to saving and investing for retirement, there aren't many better routes than utilizing retirement accounts. The most popular option is a 401(k), but it's not the only viable option. IRAs ...

How Roth IRA gains are taxed depends on when and why you withdraw the money. You can typically withdraw growth inside a Roth IRA completely tax-free if you meet certain IRS rules. However, early ...

As a Boomer or Gen X investor, planning your Roth IRA withdrawals in 2025 requires a keen understanding of the tax implications. A common misconception is that a Roth IRA must be open for five years ...

Oh boy! Did I get your attention? You say, “But Kelly! I thought all Roth IRA distributions were tax free!” I say, “Not so fast, Sparky.” This is embarrassing. I used to think like you. Then I got my ...