Because of our income bracket – we make over $350,000 per year – we cannot contribute to a Roth anymore. We're 61 and 62, and ...

Transferring funds from a pre-tax retirement account such as an IRA to an after-tax Roth IRA is a move many retirement savers ...

A 401(k) to Roth IRA conversion may not be an option if you're still employed with the company you have your 401(k) through. 401(k) to Roth IRA conversions typically raise your tax bill unless you ...

Roth IRA conversions let you turn tax-deferred savings into Roth, incurring taxes now for tax-free withdrawals later. No limit exists on the amount you can convert per year, but large sums might ...

If you’re like Mark, Susan or Tom, your retirement and legacy goals will shape the strategy for your wealth. There’s no one-size-fits-all solution, but by understanding the key differences between ...

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2. You are not liquid. Let’s say you convert $100,000 from a traditional IRA to a Roth IRA and owe $25,000 in taxes for the conversion. While certain custodians will allow you to withhold those ...

Because funds transferred from an IRA into a Roth are treated as taxable income when the conversion occurs, it can get very expensive to convert a large IRA all at once. Gradual conversion is one ...

Some major tradeoff elements to consider when planning a Roth IRA conversion are your current year’s tax liability and your tax liability in retirement. Ultimately, the value of each will depend ...

you need to understand how Roth retirement accounts and backdoor Roth IRA conversions work in general. Roth retirement accounts, like the Roth 401(k) and the Roth IRA, let you contribute money you ...

Stock market volatility is alive and kicking, but that doesn’t have to be a bad thing, even if you’re not a day trader. Instead of buying on the dip, investors facing hefty future tax ...

Calculating Your Roth IRA Contribution Limits Bad Stock Market? Good Time for a Roth IRA Conversion The Good Brigade / Getty Images Roth individual retirement accounts (IRAs) come with many tax ...