If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy ...

Roth IRA conversions are a brilliant strategic stroke for some people but a sub-optimal choice for others. Which tax ...

Explore tax-advantaged accounts to reduce your tax burden and grow savings. Learn the benefits of IRAs, 401(k)s, Roth IRAs, and more for a smarter financial future.

You will owe taxes on your Roth IRA conversion in the year of the conversion. Your converted funds must stay in your Roth IRA for five years before you can withdraw them penalty-free. Roth savings ...

Retirees often need to manage their Roth IRA conversions based on when their tax impact will be the lowest. For most people, this is when they are no longer actively employed. As Required Minimum ...

Answer: Because Roth IRAs provide tremendous benefits! During 2026, I encourage you to fund a Roth IRA — whether you ...

When you reach retirement age, financial decisions become even more important as you are no longer generating income from working. Every choice you make about your money has a direct impact on your ...

With a Roth IRA, you contribute after-tax dollars, so there is no tax deduction when you put money in. The benefit comes later because your investments grow tax-free and qualified withdrawals in ...