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IRA deductions can be tricky, but knowing who qualifies in 2025 is key to boosting your retirement savings. This guide breaks down the income limits and eligibility to help you plan smarter.

There are limits as to how much you can contribute and for income thresholds for individual retirement accounts. For 2024 and 2025, you can contribute $7,000.

Robo-advisors are going beyond the typical welcome bonus for new account holders — you can now earn a match on your IRA contributions up to 3%. On a one-time contribution of $5,000, for example, a 3% match would mean an extra $150 into your account.

You don't need an employer-sponsored retirement plan to open a traditional or Roth IRA. Often overlooked is that Heath Savings Accounts can also be used as retirement savings vehicles. Depending on your income,

Retirement accounts such as Roth and traditional IRAs and 401(k)s are a great way to save, but mind the tax rules on withdrawals.

A blended savings strategy, combining the benefits of pre-tax and after-tax accounts, is a powerful way to prepare for a secure and confident retirement. Jane’s story reminds us how this approach gives retirees more control over their finances, minimizes tax liability and protects long-term savings.