Perplexity answers a tricky question about inherited IRAs and Roth conversions. An expert offers a detailed critique.

Inheriting a Roth IRA avoids probate if the deceased listed you as a beneficiary. Spouses inheriting Roth IRAs can treat them as their own; others face a 10-year withdrawal limit. Non-spousal ...

Wondering about Roth IRA contribution limits? Learn about income eligibility, catch-up contributions and how to maximize your ...

Like regular IRAs, spousal IRAs can be traditional or Roth. The working spouse can contribute to an IRA in the name of the non-working spouse up to the annual contribution limits set by the IRS.

so your total could be larger if you contribute the maximum to the IRA. Contributions to a spousal Roth IRA are made with after-tax dollars, but withdrawals of earnings and contributions are tax ...

or a Roth IRA. However, if you’re married, you can use a spousal Roth IRA to boost your retirement savings—even if only one ...

It’s called a spousal IRA. Plus, if your income is low enough, you may qualify for an additional tax credit called the ...

The RMD rules vary depending on who inherits the account — and some beneficiaries have more options than others.

One of the best long-term investments has been stocks, with attractive returns. The S&P 500, a collection of about 500 of ...

If you are married and looking for ways to save more money for retirement, consider funding a spousal individual retirement account. A spousal IRA can be opened for a nonworking or nonparticipant ...

In 2025, the maximum amount you can contribute to an IRA (traditional and Roth) is $7,000, or $8,000 if you're 50 or older. Whether or not your contributions are tax-deductible depends on income, ...

However, their heir(s) may have to pay RMDs, though there are special rules for spouses. A backdoor Roth IRA is a term for a workaround that allows investors too affluent to invest in a Roth IRA ...