Money withdrawn from a tax-deferred retirement account is taxed as you begin to make withdrawals. Here are 3 ways to minimize ...

In reality, though, the best move for a lot of people is to take the tax hit and convert a lot of money quickly, says ...

By performing Roth conversions, our clients can reduce the size of their traditional IRAs, enabling them to lower their future RMDs. This can be particularly beneficial for those who anticipate being ...

Discover how converting your traditional IRA to a Roth IRA can provide tax-free withdrawals and no RMDs for you and your ...

When it comes to IRA contributions, don’t wait to add your contributions even though your deadline is April 15. When deciding ...

Generally speaking, the lower your income in a given year, the more favorable it is for you to convert to a Roth IRA. So, for example, if you have already retired, but have not started collecting ...

Also, your tax break will come from the capital gain from selling the gold later. The gold Roth IRA has tax-free distributions and no RMD as long as you live. Gold IRAs are similar to standard ...

What we will be digging into is the question of whether you should convert some or all of your assets from a traditional individual retirement account (IRA) to a Roth IRA. For those who meet ...

There is no legal or regulatory age restriction on Roth conversions, so it's not too late in that sense. Generally speaking, a Roth conversion may make more sense for a younger saver. However, there ...

I encouraged my wife to take a $40,000 Roth conversion in a lower tax year. Even though she has another Roth IRA at a different broker, she was encouraged to keep the money where she already had ...

Roth IRAs give you tax-free withdrawals in retirement, though not everyone can contribute to one. They make the most sense for those who expect to be in the same or a higher tax bracket in retirement.