Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

The IRS prohibits using required minimum distributions (RMDs) from traditional retirement accounts to directly fund Roth IRAs, a rule that can upend some retirees’ tax strategies. Experts emphasize ...

I want to do three Roth conversions in the next three years before I turn 73 in 2027 so that my beneficiary doesn't have to ...

You can mitigate this by doing a Roth IRA conversion now. This changes some of your tax-deferred savings into Roth savings, which allow for tax-free withdrawals in retirement. The move will increase ...

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

Planners say the Roth conversion may outweigh the seed deposit.

Roth conversions to secure tax-free withdrawals during retirement are gaining popularity as Ge n X gets closer to retirement, but financial advisers warn that the decision to convert should be ...

One way to protect your retirement from higher taxes is to take tax-free withdrawals from a Roth account, but you need to follow the rules, which can be complicated.

A Roth IRA is a retirement savings account that uses after-tax dollars for contributions, offering you tax-free growth and tax-free withdrawals in retirement. Before converting your retirement account ...