Learn how and when to convert tax-deferred accounts to a Roth IRA, the tax implications, the 5-year rule, and smart strategies like laddering or backdoor Roth conversions.

At age 55 with $900,000 in a traditional individual retirement account (IRA), converting $100,000 per year to a Roth IRA ...

Required minimum distributions (RMDs) from pre-tax retirement accounts can have a number of unintended consequences. These ...

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 ...

Saving for retirement is important. Depending on how much you earn and what percentage of it you put way, the amount of digits in your IRA or Roth IRA can vary greatly. And every time there’s a ...

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 ...

Unlike employer-based 401(k)s, people set up individual retirement accounts (IRAs) for themselves. But similarly to workplace retirement accounts, traditional IRAs are funded with deductible pre-tax ...

In life, you often get second chances ‒ and the same is true with investing. To illustrate, you might not have been able to contribute to a Roth IRA during your working years due to your income level, ...

Converting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits – including tax-free retirement income and eliminating required minimum distributions (RMDs) – but it ...

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 ...

Roth IRAs continue to grow in popularity, as increasing numbers of investors expect tax rates to rise in the coming decades. Knowing which assets to hold in a Roth account can be at least as important ...