Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...

Roth IRA conversions are a brilliant strategic stroke for some people but a sub-optimal choice for others. Which tax ...

However, keep this in mind: Unlike you, charities won’t have to pay tax on assets withdrawn from a traditional IRA. So if you ...

You have to weigh the pros and cons of converting early in the year versus waiting until year-end.

Many investors within five years or so of retirement have the bulk of their savings in traditional tax-deferred 401(k)s and individual retirement accounts, instead of the after-tax Roth versions of ...

Roth conversions are not just a tax strategy — they’re also a bet on longevity, market performance, and long-term tax ...

If you're eyeing a year-end Roth individual retirement account conversion, you'll need to plan for the upfront tax bill. When you complete a Roth conversion, you'll owe regular income taxes on the ...

Tax changes may make it possible to convert more to a Roth for the same tax bill. If you started 2025 with a plan for how much you thought you'd convert to a Roth IRA by the end of the year, the ...

'I know all about taxes, Medicare, growth rate, inflation, Roth conversions, etc.' "My question is how much should I convert in my 401(k) every year prior to turning 73 when required minimum ...

Required minimum distributions or RMDs are usually framed as a financial disaster. A ticking time bomb that should be avoided ...

RMDs can also act as a nudge for estate planning. If you have sizable account balances, these required withdrawals can be ...