RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if 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 ...

Here’s how to use a Roth IRA conversion to set up tax-free income for your retirement. A Roth IRA is a tax-advantaged retirement account. With a Roth IRA, you deposit after-tax money ...

Roth conversions involve switching a pre-tax account to a post-tax account and immediately paying the tax bill. Consider future tax rates and whether you have the cash to cover the tax bill before ...

Let's explore whether a Roth IRA conversion could be the smart move for you. The Tax Cuts and Jobs Act of 2017 is set to sunset at the end of 2025, unless Congress extends it. If no action is ...

Below, we discuss nine important factors to keep in mind when deciding to do a Roth conversion. When you convert a traditional IRA to a Roth IRA, you will have to pay income tax on the conversion ...

A Roth IRA conversion can make sense if you can afford to pay the taxes and don't need the money anytime soon. For those who don't qualify for yearly Roth IRA contributions, a Roth IRA conversion ...

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 ...

A conversion allows you to roll funds from a pretax retirement account into a Roth IRA. You will generally owe income taxes on the money you convert. A conversion might make sense if you earn too ...

JGI / Jamie Grill / Getty Images In a Roth IRA conversion, you can roll funds from a pretax retirement account, like a traditional IRA, into a Roth, thus avoiding income taxes on the distributions ...

A Roth IRA conversion involves moving money from a pre-tax retirement plan, such as a traditional IRA or a 401(k) plan, into a Roth IRA. This process is called a conversion because these types of ...