The same basic rules apply to early withdrawals from a Roth 401 (k) as from a Roth IRA: You can withdraw contributions penalty- and tax-free at any age and for any reason, though with a Roth 401 ...

Converting at least some of an old 401(k) to a Roth IRA can offer long-term tax benefits and retirement flexibility, ...

Before tapping into your savings, here’s what to know about Roth IRA withdrawal rules — and how to avoid extra taxes or penalties.

Individual Retirement Accounts, or IRAs, are essential tools for retirement planning, offering tax advantages that can ...

If you want to withdraw earnings: You must satisfy two requirements for a qualified distribution to avoid taxes and a 10 percent penalty. First, you must have held a Roth IRA account for at least ...

Unlike contributions to traditional IRAs and 401 (k)s, Roth contributions can be withdrawn without penalty or taxes for any reason; only the earnings on that money (roughly the difference between ...

You don’t have to choose just one. Life insurance and Roth IRAs can work in tandem to provide retirement income.

Plus, if you have to make an early withdrawal, Roth IRAs let you take out your contributions first, unlike Roth 401 (k)s. So you may be able to tap some of that savings early without penalty. 2.

2. Set up your Roth IRA The next step is to set up your Roth IRA. Several online brokers make it easy to open a Roth IRA, including Charles Schwab, E*Trade, Fidelity, and Vanguard.