Yes, there is now a day to celebrate everything - even the Roth IRA. A Roth IRA, as you probably are aware, is an individual retirement account to which you contribute assets on which you've already paid tax. In exchange, your future ...
Question: I'm retired and earning $6,000 annually by working part-time. If I convert a traditional IRA to a Roth, can I open a separate Roth in the same calendar year? The rollover amount, by the way, is less than what I'm earning at my ...
Uncertainty over the fate of the looming 3.8% tax on investment income is fueling new focus on a trusted tax maneuver: the "backdoor" Roth individual retirement account.
BOSTON (MarketWatch) — Owning an IRA is one thing. Knowing the rules about IRAs is entirely different. And not knowing those rules can cost you dearly.
BOSTON (MarketWatch) — It’s a wonder why anyone owns an IRA. A flow chart that diagrams how money should come out of a traditional IRA recently crossed my desk, and it’s not pretty. Actually, it is a pretty flowchart, a Rube Goldberg-style ...
LOS ANGELES (MarketWatch) — April is a very expensive month. So many payments are due, who has the money to cover it all? Let’s look at the all the things we have to pay this month — and how to ease the financial impact, if possible.
The tax filing deadline, April 17, is coming up soon—and experts say this year's returns are littered with potential land mines. Among them: a new form for reporting foreign financial assets (with large penalties for not filing) and a ...
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The Game Plan takes a look at how individuals and families are saving for retirement—and then asks financial advisers to comment on those strategies. You're invited to share your own retirement-savings plans by sending an email to ...
Presidential candidate Mitt Romney has gotten lots of attention for holding as much as $100 million in his individual retirement account. Less well known is that the account is also chockablock with complex private partnerships rather than ...
The trend toward putting off having children means many parents are facing their kids' tuition bills when they are hitting their 60s and about to retire.
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