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Surprising Facts To Know About IRA Conversions

Another piece of conventional wisdom about IRA conversions is that someone shouldn’t do a conversion unless there won’t be any distributions from the converted account for at least 10 years. Another ... read more

Best IRA CD Rates of April 2024

CitiBank offers traditional and Roth IRA CDs. The minimum opening deposit is a low $250, and you can earn a high APY with select terms. Read our Citibank review. Best for High Balances Alliant offers ... read more

'The single greatest account for Americans to own': The Roth IRA tops all others according to this expert

For sheer value to everyday retirement savers, it’s hard to beat the Roth IRA. Created in 1997, this tax-advantaged investment – whose signature benefit is that it allows contributors to withdraw ... read more

What Is a Self-Directed IRA? Pros and Cons of This Unique Investment Account

A self-directed individual retirement account is a very specific tax-advantaged vehicle that gives investors the ability to choose investments beyond traditional options such as stocks, bonds and ... read more

Why Would You Choose an IRA Over a 401(k) for Your Retirement Savings?

(k)s have high contribution limits and may earn an employer match from the money you put in. Keep reading to learn why IRAs are worth considering anyway. read more

Robinhood, Webull Offer 3% to 3.5% Bonuses on IRA Contributions, Rollovers, and Transfers

Webull and Robinhood are paying lucrative bonuses for new IRA accounts, with up to 3.5% match applied to contributions, rollovers, and account transfers. read more

IRAs and 401(k)s compared

There’s a wide range of these accounts to choose from, but traditional 401(k)s and individual retirement accounts (IRAs) are two of the most popular. As you begin to choose which type of account ... read more

Multiple IRAs: How many accounts can you have?

Having multiple accounts also allows you to implement different investment strategies in each account. You might open an IRA with a robo-advisor that takes a low-cost approach to building a portfolio ... read more

Are IRA Contributions Tax Deductible?

If you want to make a tax-deductible IRA contribution — that is, you want to claim a deduction and lower your taxable income when you file your taxes — consider the traditional IRA ... read more

What Tax Rules Apply to an IRA Rollover?

Rolling over a 401(k) or other workplace retirement plan into an Individual Retirement Account (IRA) is very common when people change jobs or retire. Among other potential benefits, a rollover lets ... read more

Money with Michelle: Understanding spousal IRAs

Michelle Buria, Certified Financial Planner and Managing Director of Choreo, breaks down that spousal IRAs work like traditional IRAs. read more

What happens if you contribute to a 401(k) and IRA at the same time?

If you're lucky enough to have access to a 401(k) through your job, you have an important choice to make: Do you keep money in your workplace plan, an IRA, or both? Each account has its pros and cons, ... read more