Roth IRA

3 articles

Most Roth IRA Savers Miss Annual Contribution Cap, IRS Data Shows

IRS data reveals that over 70% of Roth IRA contributors did not reach the 2023 annual limit, with average contributions peaking at $4,504 for those ages 60-64. Learn why many fall short and how habits and income affect retirement savings

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What 40-Somethings' Portfolios Really Look Like

A significant share of Americans in their 40s have little or no retirement savings, with median financial assets well below expert benchmarks-raising questions about how this generation will fund their future needs

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Roth IRAs See Fewer Owners but More Active Contributions Than Traditional IRAs

While only about 25% of U.S. households own a Roth IRA, twice as many taxpayers contribute to Roths each year compared to traditional IRAs, with younger savers especially drawn to their tax-free withdrawal benefits

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