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 ...

The IRS is pretty much always in the rear-view. When you contribute money, that money has already been taxed. So your money ...

A one-time transfer outperforms an equal-installments method in most tax situations, research finds.

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

Turning traditional 401(k) savings into Roth money promises tax-free income later, but the tradeoff is a real tax bill today.

Who doesn’t appreciate tax-free investment growth, tax-free withdrawals and not having to take required minimum distributions ...

A Roth IRA conversion is one of the most powerful moves a retirement saver can make, offering the promise of tax-free growth ...

Going into the 2024 presidential election, the conventional wisdom and received knowledge of the chattering classes, when asked whether or not it was smart to convert a regular IRA into a Roth IRA ...

You will owe taxes on your Roth IRA conversion in the year of the conversion. Your converted funds must stay in your Roth IRA for five years before you can withdraw them penalty-free. Roth savings ...

A big problem with required minimum distributions (RMDs) is that they trigger taxes. There are several ways you can get out ...

Responding to a call from a financial advisor in New York, the ERISA consultants at the Retirement Learning Center (RLC) address whether a client can undo an in-plan Roth conversion.

Jeff DeHaan explains how strategic Roth conversions can safeguard your heirs and spouse from future tax burdens. Drawing on real-life examples and recent tax law changes, DeHaan explores how proactive ...