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 ...

In 2025, a record 4.18 million Americans will turn 65. For those planning to retire soon, an important question arises: Does converting retirement savings from a tax-deferred account to a Roth IRA ...

I am married, retired and 68 with an income of $200,000 a year between my pension, Social Security and investments.

One common swap that people make is converting their traditional IRA to a Roth IRA. With this move, retirees can skip paying ...

For many Americans, taxes will most likely be one of their largest expenses in retirement. With some provisions in the Tax Cuts and Jobs Act coming to an end in 2025, there seems to be an additional ...

You can convert an IRA to a Roth no matter how old you are. But if the conversion boosts your income, it could have tax ...

Here’s how converting your traditional retirement account to a Roth IRA can boost your nest egg — but avoid these costly scenarios.

The Tax Cuts and Jobs Act (TCJA) expires at the end of 2025. If nothing is done, taxes will revert to the previous rates and eliminate many features of the TCJA, including the very popular higher ...

When you leave a job, it is usually a smart move to take your 401(k) with you. That does not mean cashing it out, since doing ...

If you are considering a year-end Roth individual retirement account conversion, you'll need to plan for an upfront tax bill. Still, "it can be hard to bite the tax bullet today and do a Roth ...

Roth conversions get major coverage from the popular press these days. Yet despite the hoopla, many prospective and existing clients harbor misguided beliefs about this potentially valuable planning ...

Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings ...