Also note that Roth IRA conversions have their own five-year clock, but that rule determines whether the conversion principal will avoid tax penalties. The concept behind the Roth IRA is simple.

No limit exists on the amount you can convert per year, but large sums might push you into higher tax brackets. The five-year rule requires funds to stay in Roth IRA for five years to avoid tax ...

Because she isn't subject to an early withdrawal penalty to begin with, the five-year Roth IRA conversion rule is moot. (Consider reaching out to a financial advisor before executing a Roth ...

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 deal with taxes. If I should die soon after the last conversion, will ...

The idea of paying taxes now in exchange for the prospect of lower taxes decades in the future struck me as preposterous.

Roth IRAs have low annual contribution limits and income rules limiting who can contribute, which effectively takes them off ...

Need help planning your Roth conversion or navigating the five-year rule? Connect with a financial advisor today. The first five-year rule, which applies to Roth IRA contributions, centers around ...

In life, you often get second chances — and the same is true with investing. To illustrate: You might not have been able to ...

She can begin withdrawing from her $40,000 Roth conversion at any time without ... Questions about the Roth IRA five-year rules come up quite often. There's a good chance you've even read some ...

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 ...