Today’s American workforce is increasingly nontraditional, with more professionals freelancing, owning businesses and working as independent contractors. In fact, according to Small Business ...

Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...

With a Roth IRA, you contribute money without getting an up-front tax break (unlike a traditional IRA, which offers a tax deduction in the year you contribute). The tax break comes later: You can ...

IRS Form 5498 is one of the most overlooked but critically important IRA forms. While Form 1099-R usually gets attention during tax time for reporting distributions, Form 5498 plays a ...

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 ...