High-income individuals that can't contribute directly to a Roth IRA can contribute using a backdoor option. Learn from Bankrate about the benefits of using a backdoor Roth IRA.| Bankrate
A Roth IRA is one of the most popular ways for individuals to save for retirement, and it offers some big tax advantages.| Bankrate
In certain hardship situations, the IRS lets you take withdrawals before age 59 1/2 without a penalty. Bankrate has what you need to know.| Bankrate
A required minimum distribution, or RMD, is a specific amount of money that must be withdrawn from some retirement plans the year after you turn 72. After decades of contributing to your retirement plan, you might be approaching the time to start taking money out of it. Some retirement accounts have required minimum distributions.| Bankrate
Use Bankrate.com's free tools, expert analysis, and award-winning content to make smarter financial decisions. Explore personal finance topics including credit cards, investments, identity protection, autos, retirement, credit reports, and so much more.| Bankrate
A Roth 401(k) is an employer-sponsored investment account in which an employee contributes after-tax funds that may be withdrawn tax-free in retirement.| Bankrate
IR-2024-285, Nov. 1, 2024 — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024.| www.irs.gov
If you’re working and already saving for retirement or plan to start socking away money soon, educating yourself on how investing in a 401(k) plan works and how it can help you build a sizable nest egg makes good financial sense.| Bankrate
Diversification means owning a variety of assets that perform differently over time, but not too much of any one investment or type. Here's how to diversify your portfolio.| Bankrate
An IRA is a tax-advantaged investment account that you can use to save for retirement. Learn more about the types of accounts and how they work with Bankrate.| Bankrate