Roth IRA conversions have gained popularity, thanks to the removal of the income cap on conversions several years ago. A Roth IRA allows your principal and earnings to grow completely tax-free, because contributions are made to a Roth IRA after tax.
If you are married, your spouse should generally be listed as your beneficiary on your 401(k), 403(b), or other retirement account, including IRAs. If you do not list your spouse as beneficiary, the entire balance in the account will go through your estate at
Putting away part of every paycheck for your future is a powerful way to set yourself up for financial success. If you have a 401(k), 403(b), or 457 plan, you can contribute $17,500 in 2013. If you’ll be at least age 50 by December