Millions of federal student loan borrowers face a renewed threat to their wages and tax refunds starting May 5, when the Department of Education (DOE) resumes debt collection on defaulted loans. New ...

Instead of buying on the dip, investors facing hefty future tax consequences on their retirement savings may want to consider a Roth conversion ... personal finance and more - straight to your ...

I receive a great many inquiries about retirement accounts. One area of particular interest is Roth conversions. Fortunately, IRA expert Ed Slott and his staff spend a great deal of time and ...

PHOENIX — Reaching your retirement goals is possible despite the bipolar nature of today’s economy, and Roth conversion can be a major factor in securing that reality. This form of asset ...

Thinking of converting a traditional IRA to a Roth IRA? The Kiplinger Tax Letter Editor highlights nine factors you should ...

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 planning to work until at least 67. Do we qualify to convert our ...

That's a great question, and definitely something worth thinking about. Whether a Roth conversion makes sense really depends on the specifics of your situation. Let's walk through how to evaluate ...

How do most people learn the basics of finance? Since several states are ... on more risk than paying off a loan. 2. Doing a Roth IRA conversion from a traditional IRA reduces taxes and saves ...

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 ...

Kevin Quinn, estate planning attorney at Legacy Counsellors, PC, said investors should consider partial Roth conversions or new Roth contributions if their required minimum distributions (RMDs ...

Simply stated, this individual would convert a traditional IRA to a Roth IRA, allowing them to take advantage of tax-free growth and the withdrawal benefits of a Roth IRA. As with regular Roth IRA ...

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 ...