We brandish calculators and sophisticated software to free clients from nagging tax liabilities and penalties. One tool that seems to surface more and more in our daily quest to help clients is the ...

In certain circumstances it can even be a bad idea. For instance, it’s never a good idea to recommend that your client convert to a Roth IRA unless you completely understand their current tax ...

People with Roth IRAs generally have to wait five years before withdrawing earnings from their account. But the devil is in ...

What we will be digging into is the question of whether you should convert some or all of your assets from a traditional individual retirement account (IRA) to a Roth IRA. For those who meet ...

That’s the simple and essential premise of Roth conversions — paying taxes now on regular IRAs, 401(k)s and other tax-deferred retirement accounts (except those from your current job ...

Generally speaking, the lower your income in a given year, the more favorable it is for you to convert to a Roth IRA. So, for example, if you have already retired, but have not started collecting ...

Procedurally, it's never too late to make a Roth conversion. The IRS allows you to move this money at any time, so long as you have funds in a qualifying pre-tax account. In many cases ...

or even when you are retired — through a Roth conversion. Why is a Roth IRA desirable for some people? Here are the key benefits: You put in after-tax dollars to a Roth IRA, so you can withdraw your ...

There are ways you can convert your traditional accounts to Roth paying the tax on the balance at that point in time, but I will not be addressing them in detail. This is more of a whether you ...

Jean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning. She is the co-founder of PowerZone Trading, a ...