Explore your options for converting your 401(k) into a Roth IRA. Learn the pros and cons, as well as the rules and whether ...

A Roth IRA conversion is a way to convert a qualified retirement account such as a traditional IRA or a 401k into a Roth IRA. When doing so, the account holder will have to pay income tax on the ...

Sometimes, life goes one way when you planned on it to go another. In the case of retirement planning, let's say you've been ...

Turning your individual retirement account into a Roth IRA is not a totally black-and-white decision. Understand the rules first, especially relevant tax laws.

For someone who's already thinking about a Roth conversion, "down markets can be an attractive time," Tierney said, as there's potentially a chance to "convert the same amount of shares for a ...

The bottom line: Roth conversions are a powerful financial tool for seniors and this maneuver could be boosted by Trump’s new ...

Two hypothetical examples of Roth conversions made at different times (all at once vs as you age) show a stark difference in what could be left for your beneficiaries.

If you believe that taxes will rise in the future, converting more now at current tax rates may save you from higher tax ...

This can make a Roth conversion particularly expensive in a higher-tax jurisdiction. For example, say that your state charges a 3% income tax and you convert $100,000 to a Roth IRA.

Perhaps the most noteworthy aspect of the OBBB is the new deduction for seniors across America. Taxpayers who are 65 or older can now claim an extra $6,000 as a tax deduction above their standard ...

For people who may want to convert a large amount of tax-deferred dollars to a Roth IRA, it raises an interesting question: How do you pay the tax from a Roth conversion? Roth conversion overview ...

The opportunity to convert money in a 401(k) account to a Roth 401(k) opens new tax planning possibilities — and questions.