A Roth IRA is a widely used retirement savings account with key tax advantages, such as tax-free withdrawals in retirement. Unlike traditional IRAs, which may offer tax deductions upfront, Roth IRAs ...

Forbes contributors publish independent expert analyses and insights. Empowering smarter money moves. For retirement savers, particularly those older than 50, you should evaluate ways to reach the ...

Saving for retirement is one of the smartest things you can do for your future, but choosing between different retirement accounts can sometimes feel overwhelming. Two of the most common options are ...

A 401(k) rollover to a new employer’s plan offers simplicity and tax-deferred growth, ideal for those with strong plan options. Converting a 401(k) to a Roth IRA provides tax-free withdrawals and ...

Ideally, you'd approach retirement savings from multiple angles.

Rolling a traditional 401(k) into a Roth IRA triggers immediate taxes on the full conversion amount. Roth IRAs offer tax-free growth and withdrawals with no required minimum distributions during the ...

In 2026, new contribution limits will be implemented for 401k and individual retirement accounts. Contribution limits for a 401K will rise to $24,500 next year. And IRA contribution limits are ...