Recent market swings due to tariffs have unsettled investors, including IRA owners, though conditions have stabilized ...

I want to do a Roth conversion from my traditional IRA in the amount of $250,000. It’s my understanding that I have to pay ...

If you make above a certain income, expect to pay more for Medicare, due to the IRMAA, unless you take steps to lower your ...

Imagine you’re 65 with $1.2 million in an IRA and a lingering question: should you convert your account into a Roth IRA? The ...

While a conversion can be the right thing for some retirees, or soon-to-be-retirees, to do finance experts suggest 10 times ...

Converting a traditional IRA to a Roth IRA is often presented as a smart move — especially if you expect your taxes to go up later. But as one 77-year-old listener named Lily recently found out, not ...

Converting your traditional IRA to a Roth can be a fantastic tax-saving move, but you've got to be smart about two things: how much and when.

After your contributions hit your traditional IRA, you can convert them to a Roth IRA. Converting is another word for moving money from the traditional retirement account to the Roth.

So if you convert $5,000 from a traditional IRA to a Roth IRA on Sept. 1, 2024, your countdown begins Jan. 1, 2024. ... If you do multiple Roth IRA conversions, ...

This traditional IRA/401(k) ... then converting the traditional IRA to a Roth IRA. When done correctly, the conversion will not trigger taxable income because the traditional IRA contribution was ...