Answer: This question is difficult because the answer depends on your income and assets, your goals for retirement, and many other factors. Ideally, you should begin saving for retirement in your 20s. More time to save enhances your chances of having the kind of retirement lifestyle you want. If you’re in your 40s or older

It depends on what kind of IRA you’re talking about. Traditional IRAs and Roth IRAs are each subject to different contribution rules. You’re allowed to contribute up to $5,500 to a traditional IRA in 2017 (unchanged from 2016), as long as you’re under age 70½ and you have earned income. In addition, if you’re age

No. Generally speaking, the IRS allows you to make your IRA contribution for a particular tax year up until April 15 of the following year. This rule applies to both traditional IRAs and Roth IRAs, giving you some flexibility in terms of the timing of your annual IRA contribution. You can contribute a total of

On November 8, 2016, Republican candidate Donald J. Trump won a closely contested election for president of the United States. Late on election night, when it became evident that Trump was likely to win despite consistently trailing in the polls, foreign markets went into a deep dive.1  Many observers expected a similar reaction when the