Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. While 2023 is long gone, ...

When it comes to retirement planning, your investment strategy plays a big role. Not only do you need to ensure that you have the right mix of risky and safe investments in your portfolio, but you may ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Are some Americans too old to bother with a Roth IRA? The Roth entered the retirement savings world in 1998, a moment when most boomers and many Gen Xers were launched in their careers and set in ...

Opening an individual retirement account (IRA) might not be top of mind this year, but if your child landed a summer job, it's something to consider. A Roth IRA is a retirement account where ...

The Roth entered the retirement savings world in 1998, a moment when most boomers and many Gen Xers were launched in their careers and set in their financial ways. By design, the Roth favors the saver ...

You can open a custodial Roth IRA for your child if they earned income in 2024. For 2024, you can contribute up to $7,000 to a custodial Roth IRA on behalf of your child. The earlier you teach your ...