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

If you’re contributing to a Roth IRA, you’re already ahead of the game. Roth IRAs are a retirement saver’s dream. These ...

Traditional IRAs, like workplace plans, use deductible pre-tax income taxed only when you withdraw at 59½. Converting Your Traditional IRA to a Roth IRA: Step-by-Step Guide Skip to main content ...

How to convert your traditional IRA to a Roth. Converting your traditional IRA — or other retirement plan — to a Roth IRA is a simple process, assuming you already have a Roth IRA set up.

A Roth conversion means you’re moving traditional pre-tax retirement savings to a Roth IRA. You can convert the full amount in your traditional account or just a portion of it.

The good news is that you can convert money from traditional IRAs and 401(k) accounts into Roth IRAs whenever and as much as you'd like. A Roth IRA conversion can make sense if you can afford to ...

How to do a Roth IRA conversion. The actual process for converting a 401(k) or traditional IRA to a Roth IRA is simple. When tax time rolls around, however, things can get more complicated.

Roth IRA Conversion Rules to Know . In a Roth IRA conversion, you can roll funds from a pretax retirement account, like a traditional IRA, into a Roth, thus avoiding income taxes on the ...

The textbook definition of a Roth IRA conversion is simply this: it is the process of converting or moving funds from a traditional IRA or other retirement account (such as a 401(k), 403(b), or ...

Prior to 2018, if you converted all or part of a traditional IRA to a Roth IRA, you had until Oct. 15 of the year following the conversion to undo the switch and eliminate the tax bill by ...

When converting a traditional IRA to a Roth IRA, the goal is to weigh potential future tax savings against the immediate tax ...

The actual process for converting a 401(k) or traditional IRA to a Roth IRA is simple. When tax time rolls around, however, things can get more complicated. Here are the three basic steps to ...