Roth IRA vs. Traditional IRA: Early Withdrawals Flexible early withdrawals are a big advantage of a Roth IRA. Since a Roth IRA account is funded with dollars that you’ve already paid income taxes on, ...

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form 1099-R ...

Contributing money to a traditional or Roth IRA can help you save money for retirement on a tax-advantaged basis. Should you ...

Roth IRA vs Traditional IRA retirement savings decisions are some of the most important financial choices you’ll make when planning for retirement. Choosing between these two types of accounts can ...

A Traditional IRA may allow you to take an immediate tax deduction, but a Roth IRA guarantees you won't have to pay taxes on withdrawals in retirement. While there's no income limit associated with a ...

IRS Form 5498 is one of the most overlooked but critically important IRA forms. While Form 1099-R usually gets attention during tax time for reporting distributions, Form 5498 plays a ...

Investing in a Roth IRA can be a smart way to save for retirement, but enjoying the tax benefits of a Roth generally takes some patience. That’s because you fund these accounts with after-tax ...