I’m 68 and recently retired and have about $1.4 million in accounts intended for retirement ($1.2 million in a Traditional IRA and $110K in a Roth). I also am receiving about $47,000 annually in ...

According to an article by Brandon Renfro, there are three 5-year rules for Roth IRAs, but he talks about the first two as ...

Before rushing to a Roth conversion, here are several important realities federal employees should understand.

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 ...

Rolling a traditional 401(k) into a Roth IRA triggers immediate taxes on the full conversion amount. Roth IRAs offer tax-free growth and withdrawals with no required minimum distributions during the ...

When you convert a traditional IRA to a Roth IRA, you will have to pay income tax on the conversion for the year you do the switch. But once the money is in the Roth IRA, future earnings and ...

When Sean Kelly sits down with clients to discuss how to transition to new Roth catch-up rules from the IRS, he often finds himself talking less about investments and more about payroll files. “It’s ...

The Roth IRA is one of the most powerful savings tools available to investors looking to build their nest egg for retirement. Choosing between a Roth or traditional 401(k) product can be difficult for ...

Investors who convert a traditional Individual Retirement Account into two or more Roth accounts to make a bet on the market rising can save on taxes if it doesn't. The multiple Roth IRAs should be ...

Home Retirement Retirement Plans Roth IRAs Backdoor Roth IRAs: Help Your Kids Keep More of Their Inheritance Converting to a backdoor Roth IRA via an IRS "loophole" is an estate planning tool that ...

Generation Z investors are pouring into tax-advantaged Roth accounts at a pace no prior generation has matched, according to Fidelity's latest third-quarter retirement analysis. Processing Content ...