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 ...

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 ...

While baby boomers are clocking out of the accounting profession in droves — with 340,000 ditching the gig in just five years ...

What is needed is a "conversion incentive window." Put one in the tax code for 2026. These Roth 401(k ... So it is very difficult to calculate the eventual tax people will pay to the federal ...

Waiting for a full bounce-back from the stock market after a downturn is hard when you know you have a pending transaction. If you’re over the age of 73, at some point this calendar year you ...

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Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion. Roth IRA earnings are tax-free after age 59 1/2 and a five-year holding period.

"If someone is taking advantage of the Backdoor Roth on an annual basis, rolling their 401(k) to an IRA would make any conversion of pre-tax funds to their Roth IRA a taxable event." That happens ...