Capital gains and distributions are tax-free, if you qualify Once you’ve put money into a Roth individual retirement account (IRA), you can trade mutual funds or other securities within your account ...

The financial world is full of decisions you need to make: How much should I contribute to my 401(k) at work? (Perhaps contribute as much as you can.) Should I invest in mutual funds or ...

Russel Kinnel: It’s IRA season once again. Up until tax day, you can contribute to an IRA or Roth IRA. IRAs allow you to compound your investment tax-free. By avoiding tax bills, your investment ...

A 63-year-old may use funds from a Roth IRA to cover a home renovation. A Roth IRA is the best retirement account once your money is sitting in there, so it may be better to seek other funding options ...

It happens more than you think, given the spiraling costs of college: People who save money for a child’s education expenses in tax-favored 529 plans wind up with leftover dollars in them. Perhaps the ...

Choosing between investing in a 401(k), IRA or taxable account comes down to your financial goals, risk tolerance and financial situation. Determining whether you should max out your 401(k) before ...

Either the traditional IRA or Roth IRA (or both) can serve you well. I prefer the Roth IRA because of its tax-free withdrawals in the future. The most important thing is just to be contributing to ...