Setting up a Roth IRA is easy. Make your monthly Roth IRA contributions automatic, and reinvest any dividends received. Importantly, stay the course and don't withdraw any money early. Can you become ...

If you have a Roth IRA, understanding the Roth IRA 5-year rule is critical to avoiding taxes and penalties when you withdraw ...

The biggest advantage of Roth IRAs is that all your qualified withdrawals during retirement -- every single penny you contributed plus all of the money made from growth and dividends -- will be ...

Once you turn 59 1/2, you can withdraw from a Roth IRA without penalty. There are benefits to leaving that money untouched for longer. Figure out if there's another way for you to get the income you ...

Opening a Roth IRA is a smart financial move, but it’s easy to get wrong. From skipping key setup steps to making costly investment mistakes, even well-meaning investors can sabotage their growth.

Whether you opened a Roth IRA years ago or have had your eye on one, you probably have a sense of what a great investment vehicle it is. A Roth IRA allows you to contribute money you've already paid ...

Carol explained that she had rolled a 401(k) from a former job into a traditional IRA. Later, she began contributing to that IRA with after-tax money — without realizing that, unlike a Roth IRA, she ...

Figure out if there's another way for you to get the income you need before taking Roth IRA withdrawals. It's not an easy thing to build up a nice balance in a Roth IRA. Doing so takes time and, in ...