The Roth IRA has a set of guidelines, known as the five-year rule, that can impact taxes and penalties on your withdrawals. The rules apply to withdrawing earnings, conversions, and inherited IRAs.

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 ...

Converting to IRA into a Roth IRA could come with a significant tax bill, but the key to lowering the tax bill is timing.

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 ...

Converting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits – including tax-free ...

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