Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

The Best Way to Save on Roth Conversion Taxes That You've Probably Never Heard Of HOUSTON, TX / ACCESS Newswire / July 7, 2025 / Wealth Concepts Group has just announced a powerful strategy that can ...

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 ...

Answer: Generally speaking, it makes the most sense to consider a Roth conversion when your current tax rate is lower than ...

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

New tariffs could increase prices and shake the markets. Here’s what retirees need to know about Roth conversions, big ...

A 401 (k) is an employer-sponsored retirement plan that allows employees to save a portion of their salary, usually on a ...

Before 2018, the IRS allowed you to reverse converting a traditional IRA to a Roth IRA, which is called recharacterization. But that process is now prohibited by the Tax Cuts and Jobs Act of 2017.

For example, if you invest $1,000 in a stock ETF today, and your investment climbs to $5,000 in retirement thanks to the ...

Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion. Roth IRA earnings are tax-free after age 59 1/2 and a five-year holding period.