My wife is currently working and has a traditional IRA with approximately $350,000 to $400,000. She is almost 65 but not ...

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

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 ...

The Tax Cuts and Jobs Act, which went into effect in 2018, stipulates that any Roth conversion is permanent and cannot be recharacterized. Who can do a conversion? Traditional IRA owners can do ...

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 ...

Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation. And it’s one you can arrange by keeping ...

One way to do that is to convert at least some of your tax-deferred savings in your 401(k) or traditional IRA into a Roth account. Money rolled into Roth 401(k)s and Roth IRAs grow tax free and ...

How do most people learn the basics of finance ... which is due when you complete the Roth conversion, you’ll have to use traditional IRA distributions, which means you pay taxes on the amount ...