You can convert an IRA to a Roth no matter how old you are. But if the conversion boosts your income, it could have tax ...

Earning a high income is certainly an effective way to provide more ammunition to fund your retirement nest egg. You have ...

Here’s how converting your traditional retirement account to a Roth IRA can boost your nest egg — but avoid these costly scenarios.

Fortunately, there’s no age restriction on converting a pre-tax retirement account to a Roth IRA. You can roll funds from a ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on how to convert a traditional IRA to a Roth IRA.

The IRS is pretty much always in the rear-view. When you contribute money, that money has already been taxed. So your money ...

For 2025, maximum Roth IRA contributions are $7,000 per year or $8,000 per year if you are 50 or older. For 2026, you are allowed to contribute $7,500 per year or $8,600 per year if you are 50 or ...

Investing in a Roth IRA can be a smart way to save for retirement, but enjoying the tax benefits of a Roth generally takes some patience. That’s because you fund these accounts with after-tax ...

Who doesn’t appreciate tax-free investment growth, tax-free withdrawals and not having to take required minimum distributions ...

Key Points Rolling a traditional 401(k) into a Roth IRA triggers immediate taxes on the full conversion amount. Roth IRAs ...

Converting retirement funds from a 401(k) into a Roth IRA offers the opportunity for tax-free growth and tax-free withdrawals in retirement, while also avoiding Required Minimum Distribution (RMD) ...