Discover how to convert tax-deferred accounts to a Roth IRA, understand the tax implications, the 5-year rule, and practical strategies. Keep reading to find out more.

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 ...

A 45-year-old software engineer earning $250,000 walks into open enrollment having already done the obvious things. The full ...

Roughly 70 million workers actively participate in 401(k) retirement plans, and those plans now hold approximately $10 trillion in assets. The program, which took shape in the late 1970s, has become ...

A 47-year-old dual-income couple pulling $400,000 in W-2 wages has already done the obvious: both spouses max their employee deferrals at $24,500 each. The next dollar of retirement savings is where ...

There are plenty of reasons to consider a Roth conversion ahead of or in the early stages of retirement. With a Roth ...

Roth conversions to secure tax-free withdrawals during retirement are gaining popularity as Gen X gets closer to retirement, but financial advisers warn that the decision to convert should be ...

The current environment helps. Ten-year Treasuries yield almost 5% and 30-year yields sit near 5%, which makes a partially de ...

A backdoor Roth IRA allows high-income earners to move money into a Roth IRA. It is a simple two-step strategy that works because, while the IRS sets income limits on direct Roth IRA contributions, it ...

Late-in-life Roth conversions can be tricky. The amount you convert is added to your current taxable income and in some cases ...