For people hurtling toward retirement, the standard personal finance advice is to continue to fund your retirement accounts ...

A $1 million 401(k) balance puts you ahead of 95% of American savers. But a large balance creates five specific tax and ...

He insists it’s better to use our regular assets to live on and let the IRA monies grow as long as possible. I’d rather save ...

The Certified Roth Conversion Specialist™ (CRCS™) designation launches to certify advisors in Roth conversion analysis ...

Plus, what to know about Roth conversions.

Fraser Allport emphasizes that Roth IRA conversions are not one-size-fits-all, and are often implemented as a multi-year conversion strategy to mitigate tax consequences in any one tax year. A ...

Uncover 10 common myths about traditional IRAs to avoid costly mistakes and maximize your retirement savings effectively.

Roth vs Traditional: compare today’s marginal vs future effective tax rates. Roth accounts offer planning flexibility. Read ...

The backdoor Roth is a two-step process where you set up a traditional IRA that you eventually convert into a Roth. You can fund a traditional IRA and then do the conversion a week later. It’s better ...

New IRS rules for inherited IRAs became effective last year. Pay attention to avoid a 25% penalty and a "tax bomb".

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