Understanding the allocations in your Roth IRA can help manage volatility and set realistic expectations for long-term ...

From a legal and regulatory standpoint, it is never too late for a Roth conversion. Under the rules, you can transfer ...

Perfect for high earners aged 35-55, this strategy pairs beautifully with Roth conversions to slash your tax burden. From tech moguls to savvy couples, they dive into real-life examples, revealing how ...

Another option for 401(k) plan participants is to do a “mega backdoor” Roth conversion. According to Vanguard, some 401(k) plans permit automatic Roth conversions, which means you can “make ...

Elliott Appel, the founder of Kindness Financial Planning in Madison, Wisconsin, said at the start of the 2020 COVID-19 market shock, he proactively did Roth conversions for clients as well as ...

(CNN) — 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 ...

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 ...

2. Doing a Roth IRA conversion from a traditional IRA reduces taxes and saves money With traditional IRAs, contributions are tax-deductible, meaning you can deduct the contribution from your ...