Money contributed to Roth accounts does not result in a tax deduction, unlike contributions to tax-deferred accounts. Both Roth and tax-deferred accounts benefit from tax-free growth, unlike a taxable account that is subject totax drag(which can be minimized). The Roth dollars, unlike tax-defe...
if you contributed to a roth and traditional ira in the same tax year and your total contribution went over the allowable ira amount, irs regulations require you to remove the excess from the roth ira first. you may want to talk with a tax advisor about the best way to handle any ...
the 5-year holding period for roth iras starts on the earlier of: (1) the date you first contributed directly to the roth ira, (2) the date you rolled over a roth 401(k) or roth 403(b) to the roth ira, or (3) the date you converted a traditional ira to the roth ira. if ...
and you've met the 5-year holding period, which starts on the earlier of the date you first contributed directly to the roth ira, rolled over a roth 401(k) or roth 403(b) to the roth ira, or converted a traditional ira to the roth ira. all investing is subject to risk, including...
the date you first contributed directly to the ira, (2) the date you rolled over a roth 401(k) or roth 403(b) to the roth ira, or (3) the date you converted a traditional ira to the roth ira. if you're under age 59½ and you have one roth ira that holds proceeds from ...
if you contributed to a roth and traditional ira in the same tax year and your total contribution went over the allowable ira amount, irs regulations require you to remove the excess from the roth ira first. you may want to talk with a tax advisor about the best way to handle any ...