Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...
Think you're a savvy retirement planner? Here’s what you may be forgetting.
Because Medicare premiums are tied to income, converting a $235,000 retirement account to a Roth IRA has the potential to cause Medicare Part B premiums to increase. For many taxpayers, in fact, a ...
If you’re 60 years old with $1.2 million saved for retirement in a traditional IRA, you may be starting to think about ...
If you're anything like me, you've run across several articles discussing how smart it is to convert retirement savings to a Roth IRA after retirement. As if planning for retirement is not ...
That's a great question, and definitely something worth thinking about. Whether a Roth conversion makes sense really depends on the specifics of your situation. Let's walk through how to evaluate the ...
I’m 72 years old and have my IRA in stock. I start required minimum distributions next year so I want to convert to a Roth IRA. How much should I convert? Should I do it all at once or should I do it ...
The Ducks have another quarterback. University of Nebraska transfer Dylan Raiola announced his commitment to Oregon Jan. 12. He’s not guaranteed... If you’ve been steadily contributing to a ...
When it comes to Roth conversions, traditional advice is to convert traditional IRAs to a Roth IRA over a period of years to stay within current tax brackets. The theory is that doing so will reduce ...