When planning for retirement, Individual Retirement Accounts (IRAs) are among the most popular tools. But should you choose a Traditional IRA  or a Roth IRA ? Both offer tax advantages, yet they work very differently—and understanding those differences can help you make the best decision for your financial future. What They Have in Common Contribution Limits:  For 2025, you can contribute up to $7,000  across all IRAs combined, or $8,000  if you’re age 50 or older thanks to t

When Congress established tax-favored retirement plans, they allowed taxpayers to take a tax deduction for the amount of their allowable...

While it’s usually true that the “rich get richer,” a proposed tax code will prove a remarkable exception if the House has its way. The...