If you're looking to optimize your retirement savings, pay close attention to Required Minimum Distributions.

There used to be what you might call “backsies” or a “do-over” on converting money from a traditional IRA to a Roth. You ...

New insights from financial advisors challenge the conventional wisdom about Roth conversion planning. Senate Approves ...

A Roth conversion is the process of rolling over retirement funds invested in a pretax account, like a regular IRA or 401 (k), into an after-tax Roth IRA. You’ll pay capital gains taxes at the ...

While a conversion can be the right thing for some retirees, or soon-to-be-retirees, to do finance experts suggest 10 times you should not do a Roth conversion.

A Roth conversion means investors pay taxes on the converted balance. While this can be a smart strategy in some cases, there's one important step to take.

That’s “low-hanging fruit for a Roth conversion.” (401 (k)s may be more likely than IRAs to have nonqualified assets, because of how contributions are made.) ...

ASSET PRESERVATION WEALTH & TAX Why Roth conversion plays a key role in wise retirement planning This article is Sponsored by Asset Preservation Wealth & Tax Apr 14, 2025, 5:06 PM | Updated: 5:11 pm ...

I receive a great many inquiries about retirement accounts. One area of particular interest is Roth conversions. Fortunately, IRA expert Ed Slott and his staff spend a great deal of time and effort… ...

2. You can afford to pay the taxes for the conversion. With a Roth conversion you have two options: pay taxes from an after-tax fund or use some of the proceeds within the IRA.

The benefits of Roth IRAs are undeniable. Their earnings and withdrawals come tax-free. You don’t have to take any required minimum distributions on them. Still, advisors warn, converting your ...

But, before you complete any conversions, take into consideration the possible potential problems. For example, you can no longer change your mind after you execute a Roth rollover.