I am a 66-year-old married man with a substantial balance – $1 million-plus — in my IRA. Last year, I started to convert to a ...

Roth conversions allow your client to control when they pay income tax on their retirement assets, enabling them to take ...

529 funds must be converted by paying the amount directly to a Roth IRA — you can’t pay yourself and then deposit the money into the Roth IRA later. You can contribute to a Roth IRA only if you have ...

Learn how to calculate your Roth IRA contribution limit based on your income and filing status for 2025 and 2026. Maximize ...

If you’ve ever tried to plan for retirement and ended up buried beneath numbers, tax rules, and endless “what-if” scenarios, ...

Roth IRAs can be wonderful tools when you're saving for retirement. They feature tax-free withdrawals. You might want to ...

I’m 68, single and retired. I started claiming Social Security at 65 and my house is paid off completely. I have two fixed ...

Tax changes may make it possible to convert more to a Roth for the same tax bill. - . If you started 2025 with a plan for how ...

My good friend Bob from Munster had a question I thought merited visiting in the column. Bob’s question involved a topic we are dealing with more and more often in the practice and a tool we are using ...

Even if you have already chosen an account for retirement savings, that doesn’t necessarily mean you can’t change your mind about it later. In fact, this is not at all uncommon — and many people see ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. When you leave a job, it is usually a smart move to take ...

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 ...