A traditional individual retirement account (IRA) is a type of investment account that facilitates long-term savings through tax advantages and withdrawal restrictions. These accounts are commonly ...

A little bit of knowledge and planning can go a long way toward helping you build a nest egg for your retirement. One great way to start building that nest egg is with an IRA -- a tax-advantaged ...

IRA stands for Individual Retirement Account. Quite simply, these are accounts that are set up by individuals rather than by employers. Opening an IRA is very easy and requires only taxable income and ...

January is a great time to start working toward your financial goals. If you’re looking to start investing, the first step is to open an investment account. But which kind of account is right for you?

“It’s best to use Roth accounts when you have a long time horizon or are in a low tax bracket,” said Scott Meyer, wealth manager and partner at Merit Financial Advisors. “The reason is if you are ...

***Money is not a client of any investment adviser featured on this page. The information provided on this page is for educational purposes only and is not intended as investment advice. Money does ...

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 ...