The taxes owed depend on your age, the type of account, and more Lita Epstein has 18+ years of experience as an author and financial writer. She has also written over 40 books. Momo Productions / ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Andy Smith is a Certified Financial Planner ...

Converting money from a traditional IRA or 401(k) into a Roth IRA means paying taxes up front in exchange for tax-free withdrawals later. And in some situations, that makes sense. If you're going to ...

Learn how the "two magic numbers" -- five years and age 59½ -- shape access to Roth IRAs, traditional IRAs, and employer 401(k) plans, including loans and hardship withdrawals. Watch the video below ...

Once a Roth IRA meets the five-year rule and age 59½, you can withdraw even if still working. Accessing a 401(k) while employed depends on plan rules, loans, and hardship withdrawal options.