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 ...

It's not difficult to convert a traditional IRA to a Roth if you understand the tax implications, but the process may pose challenges for some people aged 60 and up. Older savers are more likely ...

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 ...

I receive a great many inquiries about retirement accounts. One area of particular interest is Roth conversions. Fortunately, ...

Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation.

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 ...

Use our free Roth IRA calculator to see how much you can contribute this year and get an estimate of your potential retirement balance. Many, or all, of the products featured on this page are from ...

There are a number of reasons to consider a Roth individual retirement account (IRA) rollover, which moves funds from an ...

Higher earners can use a Roth conversion to fund a Roth IRA with money from a traditional IRA. Roth IRAs offer estate planning advantages as they are tax-free for heirs. A Roth individual ...