In a recent article in “Retirement Watch,” published by Bob Carlson, he clarified when distributions from Roth accounts are tax free and when they are not. It is important for you to understand when ...

Once a Roth IRA meets the five-year rule and age 59½, you can withdraw even if still working. Accessing a 401(k) while employed depends on plan rules, loans, and hardship withdrawal options. The ...

Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she's looking at four questions on Roth IRAs and the ...

If you own a Roth IRA, you already know the pitch: contribute after-tax dollars, let them grow, pull them out tax-free in retirement. Here is the part the brochure buries: your earnings are only ...

The Roth IRA contains two separate five-year clocks. One governs tax-free earnings, while the other governs the 10% penalty on converted principal. The 10% per-conversion penalty disappears entirely ...

Once a Roth IRA meets the five-year rule and age 59½, you can withdraw even if still working. Accessing a 401(k) while employed depends on plan rules, loans, and hardship withdrawal options.