IRA and Roth IRA. Since my total household is above the threshold for investing in a Roth IRA, I have been considering ...

Read on as I cover what a Roth conversion is, how it works, the advantages and disadvantages of using one, and how to do one.

Facing a future tax hit on your retirement savings? A Roth conversion may be a way to lower the taxes you owe.

Strategic Roth IRA conversions can set you up for tax-free income in retirement and a tax-free inheritance for the people you ...

When stocks fall, it can be a good time to get money out of tax-deferred accounts to avoid a ticking tax time bomb.

For starters, the IRS has three different five-year rules that apply to Roth IRAs. One of them, the conversion rule, appears self-contradictory. The IRS doesn’t publish clear instructions on ...

The Backdoor Roth IRA is a valuable retirement savings tool for high-income earners looking to maximize tax-free retirement income. By following the proper steps, avoiding the pro-rata rule, and ...

Those nearing retirement can weigh whether they have enough time left to offset conversion taxes through decades of future tax-free growth. Do you need help with a Roth conversion or other ...

A major factor contributing to whether the mega backdoor Roth makes sense for you is if you have the ability to save that ...

You can do that by directly contributing to a traditional IRA or by rolling money from a traditional 401(k) account into a traditional IRA. Then you convert the traditional IRA to a Roth IRA.

In the case of many individuals investigating the FIRE (financial independence, retire early) lifestyle, there is always a question about the best moves. What works for one individual and how they ...