Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

Converting a traditional IRA or 401(k) to a Roth account can save retirees thousands in taxes over their lifetime, but only ...

A large 401(k) balance can leave you vulnerable to high RMDs if you do not use this strategy to prepare years in advance.

Discover how the Roth conversion strategy can save you a lot of money in retirement and best practices to follow.

I want to do three Roth conversions in the next three years before I turn 73 in 2027 so that my beneficiary doesn't have to ...

To understand the value of coordinating all three factors, it's important to understand how each source of income is taxed. Roth conversions are taxed as ordinary income at the time you make the ...

The Social Security time bomb ticks louder with the recent release of the latest trustees’ report. Americans are keeping their cars longer than ever, which is saving them money -- and changing the ...

Roth IRAs are funded with after-tax dollars and can provide tax-free income after age 59 1/2. Money from a traditional IRA can be converted to a Roth IRA as long as you pay income tax on the converted ...

A Roth IRA is a retirement savings account that uses after-tax dollars for contributions, offering you tax-free growth and tax-free withdrawals in retirement. Before converting your retirement account ...

Sun, April 20, 2008 at 5:00 PM UTC Regardless of the size of your earnings, you need to do the rollover strictly by the rules to avoid an unexpected tax burden. Since you haven’t paid income taxes on ...