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Answer: Generally speaking, it makes the most sense to consider a Roth conversion when your current tax rate is lower than ...
A Roth conversion is a permanent decision. - /iStockphoto. Got a question about investing, how it fits into your overall ...
Fix My Portfolio When is a Roth conversion a good idea? How to know when to make a move. Making a Roth conversion decision on your own can be scary. Readers are confused about their strategies.
While a conversion can be the right thing for some retirees, or soon-to-be-retirees, to do finance experts suggest 10 times you should not do a Roth conversion.
Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.
The following year, you do another Roth IRA conversion for $50,000, and so on, until you reach age 54. At that point, the series of conversions you already did will cover you through age 59½.
If you make above a certain income, expect to pay more for Medicare, due to the IRMAA, unless you take steps to lower your income. Here's one way to do it.
While a conversion can be the right thing for some retirees, or soon-to-be-retirees, to do finance experts suggest 10 times you should not do a Roth conversion.
Roth IRAs are tax-free. Traditional IRAs are tax-deferred. Understanding the ramifications of tax-free versus tax-deferred in ...