When you reach retirement age, financial decisions become even more important as you are no longer generating income from working. Every choice you make about your money has a direct impact on your ...

You will owe taxes on your Roth IRA conversion in the year of the conversion. Your converted funds must stay in your Roth IRA for five years before you can withdraw them penalty-free. Roth savings ...

I found your column “Do Roth IRA conversions still make sense with the passage of the GOP tax law?” very helpful and I better understand the strategic choice a conversion to a Roth IRA represents. My ...

The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax ...

Preparing for retirement can require income and asset shuffling to make sure you have enough funds available and don’t bump yourself into a higher tax bracket. One method for this is known as a Roth ...

It might seem counter intuitive to decide to pay MORE taxes now, rather than defer them, but in some cases, that can be a smart, tax-efficient strategy. Have I piqued your curiosity? I want to ...

A backdoor Roth IRA is a strategy that allows high-income earners to open a future Roth, despite income limits. It makes use ...

Roth conversions are not just a tax strategy — they’re also a bet on longevity, market performance, and long-term tax ...

If your income is just above the cutoff (MAGI) to qualify for Roth IRA contributions, these strategies will help you meet it ...