The tax-and-spending legislation enacted in July has tax breaks for some savers but makes an already-complex process trickier ...

The sweet spot for doing Roth conversions is before you start taking out the required minimum distributions (RMDs) so the ...

If you were planning to undertake a Roth IRA conversion this year, the newly introduced One Big Beautiful Bill (OBBB) won’t ...

Stockphoto For most taxpayers, if a Roth conversion was a good idea before the so-called One Big Beautiful Bill Act bill was ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers five questions on Roth IRA conversions.

Explore seven practical and powerful tax strategies for retirees.

If you're 63 years old with $1 million in a traditional IRA, you may be wondering whether converting $100,000 per year to a ...

Despite all the perks associated with Roth IRAs, myths have built up around them. Here's the truth about three of those myths ...

I want to do a Roth conversion from my traditional IRA in the amount of $250,000. It’s my understanding that I have to pay the income tax on the $250,000. Can that tax be paid from the funds in the ...

Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you're choosing to pay taxes now in exchange for tax-free ...

Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement.