A n IRA conversion to Roth is a popular pre-retirement or early retirement move. Roth IRAs offer several benefits that ...

The decision isn't as simple as an either-or choice.

401(k)s and Roth IRAs have different tax treatments. When choosing a 401(k) or Roth IRA, consider your financial circumstances. 401(k)s and Roth IRAs can be complementary tools in your retirement ...

Another benefit of a Roth 401(k) vs. IRA is that you can generally contribute more to your account. With a Roth 401(k), you can contribute up to $23,500 ($31,000 if you are 50-59 or 64+) in 2025.

For example, if you have $60,000 in taxable income and contribute $5,000 to a Roth IRA or Roth 401(k), you still have $60,000 in taxable income, and your take-home pay is reduced by $5,000.

“Start by maxing out a Roth IRA while you are in your 20s, and if there is a company 401(k) as well, contribute just up to the amount you need to get your employer’s match,” Whitney says.

Yes, you can convert from a 401(k) to a Roth IRA even if you earn too much to contribute to a Roth IRA. The IRS places no income restrictions on Roth conversions. I turn 73 this year.

And some people take advantage of pretax contributions to a traditional IRA or 401(k), only to wish later that they had opened a Roth IRA instead. That’s where a Roth IRA conversion comes in.

A Roth 401(k) offers elements of both a 401(k) and a Roth IRA. Here's what you need to know about this employer-sponsored retirement account.

Forbes Here's The Best Time To Convert Your 401k To A Roth IRA By . Generally speaking, the younger you are, the more beneficial Roth conversations can be.

RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...