Workers with their own personal Roth IRAs would be able to roll those accounts into a workplace Roth 401(k) and some similar ...

Every year, thousands of high earners follow the same advice: make a non-deductible traditional IRA contribution and immediately convert it to a Roth. The backdoor Roth strategy is legal, ...

An IRA offers more control and investment choices ...

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 ...

In litigation-exposed professions, the creditor protection gap between a 401(k) and an IRA is one of the most consequential ...

In November 2021, the House of Representatives voted to kill two of the most powerful tax strategies available to high ...

High earners who execute the backdoor Roth IRA correctly still generate an unnecessary tax bill through one specific timing error. The strategy itself is sound. The execution is where the money leaks.

You still have a few days left to contribute to a Roth IRA for 2025.

529 education savings plans are powerful tools to help pay for the mounting costs of an education. Yet some people hesitate to use them. One common concern is oversaving. You can only use 529 funds ...