A Roth individual retirement account allows tax-free growth of retirement savings. It’s an attractive concept as it can help reduce your tax burden in retirement, a time when most people are limited ...

Late-in-life Roth conversions can take some tricky math. As you approach retirement, one of the most important questions will be how to manage the taxes on your retirement income. For households that ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Samantha (Sam) Silberstein, CFP®, CSLP® ...

A conversion allows you to roll funds from a pretax retirement account into a Roth IRA. You will generally owe income taxes on the money you convert. A conversion might make sense if you earn too much ...

When it comes to converting a traditional IRA to a Roth IRA, 'there is the possibility to get highly tactical,' one expert tells MarketWatch The Internal Revenue Service is going to get its piece of ...

If you've ever inherited a retirement account, you've probably wondered how to use the funds best. Your new account can help jump-start your journey towards financial freedom. Converting some of your ...

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 ...