Strategic Roth IRA conversions can set you up for tax-free income in retirement and a tax-free inheritance for the people you ...

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a ...

I lost my job when a flood wiped out the store where I worked. I am 37, have a Roth IRA and a regular IRA. The Roth was started 12 years ago. What are the best ways to get cash from these and minimize ...

Fortunately, there’s no age restriction on converting a pre-tax retirement account to a Roth IRA. You can roll funds from a ...

IRA conversion: traditional accounts to Roth . If you have a traditional IRA, converting it could be a simple matter of ...

When the economy is showing signs of recession, emptying your cash bucket for a conversion can be counterproductive. If you're in retirement and need cash for living expenses, you'd have to ...

There's still every reason to make the most of every dollar at this later stage of life, and you've got plenty of ways to continue doing so.

If we roll over $7,000 per yr from a traditional IRA ... in four years, while minimizing our taxable investment income from the Roth. You are correct that you must include a Roth conversion ...

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.

Many savers are drawn to traditional IRAs and 401(k)s because they offer a tax break on contributions. But in return, people ...

You can start taking money from your 401 (k) penalty-free at age 59 ½. So you shouldn't be penalized if you are 60 and ...