Retirement planning is a lot like hiking. Both take planning, both have a destination and both rely on the right tools to reach a goal. When you’re on the road to retirement, one of those tools might ...

A 42-year-old Redditor is trying to decide whether to redirect some 401(k) contributions to a Roth IRA. The poster isn’t sure if making the switch will benefit him since he has been investing in his ...

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 ...

The IRA is a cornerstone for many, allowing you to build a nest egg with investments that fit your risk profile. You pick the financial institution; you manage the investments. In other words, it’s ...

You can open as many IRAs as you like, but can contribute only up to the annual limit across all of them. One of the most attractive IRA features is the wide variety of investment options you have.

Every week, Allworth Financial’s Steve Hruby, CFP®, and Bob Sponseller, ChFC®, answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those ...

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 ...

Once you turn 59 1/2, you can take Roth IRA withdrawals without a penalty. And technically, you can take penalty-free Roth IRA withdrawals before 59 1/2 as long as you only touch the principal portion ...