At some point, your client may want to do a Roth conversion: move some or all their money from a traditional 401(k) to a Roth 401(k) plan, or a traditional IRA to a Roth IRA. Roth conversions have tax ...

Sometimes, life goes one way when you planned on it to go another. In the case of retirement planning, let's say you've been saving money in a tax-deferred retirement account (like a traditional ...

I love helping my clients maximize their tax-free retirement income streams. Converting a traditional IRA account to a Roth IRA is a fabulous part of a proactive tax-planning strategy to reduce the ...

A Roth IRA conversion moves money from a pretax retirement account to a Roth IRA. The amount you convert is taxed as ordinary income. There are several situations where a Roth IRA conversion may make ...

Imagine you’re 65 with $1.2 million in an IRA and a lingering question: should you convert your account into a Roth IRA? The answer may depend on how you go about it. A Roth conversion can provide ...

Roth accounts are popular because they offer several advantages. Investors can make tax-free contributions, while earnings on the account and withdrawals made during retirement are also tax-free. Even ...

Today’s article comes from a question for Money Girl listener Nancy P., who says: “I recently discovered your podcast and really enjoy it! I’m 60, single, have an annual income of $84,000, and want to ...

'It seems like the perfect situation for charlatans' "There are numerous 'advisers' out there that claim to have a method by which Roth conversions can be done without taking the normal tax hit." ...