The good news is that you can convert plans such as a 401(k) or traditional IRA to a Roth IRA and take advantage of its range of benefits. “Converting to a Roth can be a great way to take ...

IRA conversion: traditional accounts to Roth . If you have a traditional IRA, converting it could be a simple matter of ...

Strategic Roth IRA conversions can set you up for tax-free income in retirement and a tax-free inheritance for the people you ...

If you already have a traditional IRA but would like to open a Roth IRA instead, it’s possible to do what’s called a “Roth conversion.” This process involves taking the funds from your ...

The Backdoor Roth IRA is a valuable retirement savings tool for high-income earners looking to maximize tax-free retirement income. By following the proper steps, avoiding the pro-rata rule, and ...

Complete the required paperwork for conversion. Choose how to transfer funds from your traditional IRA to your newly established Roth IRA. There are three ways to transfer your funds: Rollover ...

I lost my job when a flood wiped out the store where I worked. I am 37, have a Roth IRA and a regular IRA. The Roth was ...

CNBC reported last year that Roth conversions were up 46% year-over-year. Google Trends data shows interest in Roth ...

This presents a unique opportunity for clients to convert their traditional IRAs into Roth IRAs while tax rates remain favorable. Converting a traditional IRA to a Roth IRA means paying taxes on ...

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a ...

If we roll over $7,000 per yr from a traditional IRA to a Roth IRA for ... investment income from the Roth. You are correct that you must include a Roth conversion as part of your taxable income ...

If you’re unable to contribute to a Roth account directly, there’s good news — you can convert a traditional retirement plan ...